This is a mull part assignment. Please prepare your answer by separating the vanous parts of the assignment Into separate paragraphs to ensure full coverage of the topics 1. Identity and discuss four benefits that an individual and in time their family is likely to gain by having a better understanding of personal finance and actually engaging in the financial planning process Please list separate and distinct benefits: that it, do not identify one benefit and then use four examples to illustrate the importance of the benefit Please consider that many of the benefes are social and paychelogical For meample, one becelt of financial planning is the realration that one should have an emergency fund for the unexpected occurences and expenses in Me This is on enportant poin using the sample I just listed about . If you the student offers four examples whon an emergency fund is helpful such as repair the car, replace the hot water bank, pay for an emergency room visit, take a pet to the vets office, ofe, you will not get full credit Include in your answer spoolle examples for each of the four benefits you list to frustrate the point you wish to make