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What future events need to be considered

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Stress testing

Stress testing is usually reserved for banks or businesses. However, with a little creativity one could apply the stress testing principles to personal finances. Take a moment to discuss how you will apply stress testing to your personal finances in the future.

What future events need to be considered? Be sure to include the "extreme events" that you took into account as well as the plan for if or when those events take place.

Reference no: EM131354892

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