Financial planning process

CHAPTER 1 MINI CASE STUDY Questions: Name Date 1. Describe to Nathan the goals and rewards of the person Year/Block Score financial planning process. Nathan's Need to Know: Personal Finance or Tennis? During the Christmas break of his final year at Western State University, Nathan Strong planned to put together his resume in order to seek full-time employment as a medical technician during the spring 2. Explain to Nathan what is meant by financial planning an semester. To help Nathan prepare for the job interview process, his why it is important regardless of income. older brother arranged for him to meet with a friend. Alicia Nolan, who had worked as a medical technician since her graduation from Western State 2 years earlier. Alicia provided him with numerous pointers on resume preparation, the interview process, and possible job opportunities. After answering Nathan's many questions, Alicia asked Nathan to bring her up to date on Western State. As they discussed courses, Alicia indicated that of all the electives she had taken, she had found 3. Describe the financial planning environment to Nathan. Explain the personal financial planning for his last elective. He was currently the role of the consumer and impact of economic condition leaning toward a beginning tennis course. He felt that because a on financial planning. number of his friends were taking tennis, it would be fun. He pointed out that he never expected to get rich and already knew how to balance his checkbook. Alicia told him that there is much more to personal financial planning than balancing a checkbook, and that the course was highly relevant regardless of income level. She strongly believed that the personal financial planning course would be more beneficial to Nathan than beginning tennis - a course that she had also taken 4. while at Western State University. What arguments would you present to convince Nathan that the personal financial planning course would be more beneficial for him than beginning tennis