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Understanding Business, 6/e
William G. Nickels
James M. McHugh
Susan M. McHugh
Chapter 22: Managing Personal Finances: Who Wants to Be a Millionaire?
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Learning Objectives

After you have read and studied this chapter, you should be able to:

  1. Describe the six steps one can take to generate capital.
  2. Identify the best ways to preserve capital, begin investing, and buy insurance.
  3. Outline a strategy for retiring with enough money to last a lifetime.





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