Through the successful study of personal finance, an individual will be
better prepared for potential problems.
able to learn how to spend available assets.
faced with Yong-term challenges
more likely to avoid high opportunity costs.

Cost and benefit in economic example

How has our understanding of the first sentence of the declaration of independence changed over time?

Adescription of at least one real life problem that has to be solved or decision that has to be made using good judgment, and obstacles encountered while making the decision(s) or solving the problem(s) (again, these can be real examples or imagined, but they should clearly illustrate your understanding of the obstacles described.) at least three key terms from the lesson used in your example(s):