100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
LIBF UNIT 2 - TOPIC 1, Exam Preview. 100% Accurate, graded A+ $7.49   Add to cart

Exam (elaborations)

LIBF UNIT 2 - TOPIC 1, Exam Preview. 100% Accurate, graded A+

 4 views  0 purchase
  • Course
  • Institution

LIBF UNIT 2 - TOPIC 1, Exam Preview. 100% Accurate, graded A+ Affordability - -An important concept in helping people to choose financial products, based on budgeting and forecasting to help individuals decide what they can afford to spend Aspirations - -Things or experience that people wou...

[Show more]

Preview 1 out of 4  pages

  • February 21, 2023
  • 4
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
avatar-seller
LIBF UNIT 2 - TOPIC 1, Exam Preview.
100% Accurate, graded A+

Affordability - ✔✔-An important concept in helping people to choose financial products, based on
budgeting and forecasting to help individuals decide what they can afford to spend



Aspirations - ✔✔-Things or experience that people would like to have on the future, for example having
a luxury holiday



Attitudes - ✔✔-People's thoughts and feelings at a given time and place, whether it be about another
person, an event or an issue



Beliefs - ✔✔-Specific and detailed personal convictions about how things are. They can be religious.



Capital - ✔✔-The money or other assets owned by an individual or a business. It refers to he funds
provided by the shareholders, not deposits from customers



Consumer Credit - ✔✔-A term used for borrowing.'Taking credit' or 'buying on credit' refers to
borrowing. However, a credit into a bank account means paying money in.



Credit Card - ✔✔-A card that allows the holder to make face to face purchases as well as online or over
the phone and to withdraw cash from an ATM. The card repays the amount owed to the provider either
in one payment or in instalments. The provider charges interest on cash withdrawals from the time the
withdrawal is made and on purchases after a certain period.



Culture - ✔✔-A society's set of norms about behaviour and attitudes across social groups. It indicates
what society considers to be acceptable and unacceptable



Deposit - ✔✔-A sum of money placed by a customer with a financial services provider

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller QuickPass. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

80202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.49
  • (0)
  Add to cart