Question: Could someone please help me answer the questions below pertaining to this situation. Thank you ! While I knew it might happen someday, I didn't
Could someone please help me answer the questions below pertaining to this situation. Thank you !
"While I knew it might happen someday,
I didn't expect it right now." This was the reaction of Patrick Hamilton when his company merged with another organiza-tion and moved its offices to another state, resulting in him
losing his job. Patrick does have some flexibility in his short-term finances since he has three months of living expenses in a savings account. However, "three months can go by very quickly," as Patrick noted.
- What are the main financial planning issues that need to be addressed?
2.What additional information would you like to have before recommending actions?
3.Based on the information provided and your assessment of the situation, what actions would you recommend?
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