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Essay / Research Paper Abstract
This 8 page paper considers a fictitious case where a couple which to save for the education of their child. The paper is a demonstration of how the advices should be considered and evaluated and the correct solution should be calculated with reference to the aims of the couple and their personal situation. The bibliography cites 10 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEeducac.rtf
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Unformatted sample text from the term paper:
a recommendation for advice. The first task is to carry out a fact finding exercise to get the relevant details from the potential client regarding their fincial situation, goal of
the client, such as sending their child to university, the attitudes of the client towards risk as well as the existing arrangements that may exist.
In this case study we will make assumptions regarding costs and circumstances as well as inflation. When it comes to inflation there are very few certainties, and as
with growth, we will try to ensure that the assumptions we make are realistic. However, when any report of this type is being put together the plans will need to
be made with the clients own situation in mid as well as recognising the need to review the progress of the plans at regular intervals.
We have Mr and Mrs X, with their son, Zander. He is seven years old and is just starting junior school, he is a year three pupil.
Zander is the only child of Mr and Mrs X currently, however, they are planning to add to the family within the next two years, and as such expects the
fincial situation to become harsher, with Mrs X taking time of off work, and the increased expense of another child. Mr X
went to University at Cambridge in England, and wishes to be able to provide his son with the same level of education should this be his sons wishes. This is
one of the more expense universities that could be chosen, and Mr X feels that is planning for this, if Zander chooses a different university then the additional funds will
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