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(Solved): Jeremiah, an accountant, and Bethany just returned from their honeymoon in the Bahamas. They c ...



​Jeremiah, an​ accountant, and Bethany just returned from their honeymoon in the Bahamas. They celebrated their marriage and the completion of​ Bethany's M.B.A. program. They have been encouraged by their parents to establish some personal and financial goals for the future.​ However, they do not know how to set or achieve these goals. They know that they would like to own their own​ home, and have​ children, but those are the only goals they have considered. Jeremiah knows of a financial advisor who might be able to help them with their​ predicament, but they​ don't think they can afford professional help. a. If you were serving as the​ couple's financial​ advisor, how would you explain the five steps in the financial planning process and their importance to future financial​success? b. What financial goals​ (short-term, intermediate-, and​ long-term) would you determine to be the most​ important, or least​ important, to Jeremiah and Bethany considering their current life cycle​ stage? Support your answer. c. What four common concerns should guide the development of their financial​ plan? How do these relate to Principles​ 4, 5, and​ 7? d. List five tips for Bethany to keep in mind when preparing for interviews. ​(Hint: Review Worksheet​ 3) e. Identify three important strategies for young professionals such as Jeremiah and Bethany to remember to ensure success in their chosen careers. Why do​ "ethical violations end​ careers"? f. As a new​ couple, what information can you provide Jeremiah and Bethany about possible​ roadblocks? For​ example, what are some of the commonly reported disagreements among couples according to a recent Harris​ Poll? g. Why is Principle 10 the most important​ principle? Why is it equally relevant to financial and career​ planning?



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