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ACC – Damien Duff’s Personal Financial Plan

Discussion Questions for Damien Duff’s personal financial plan1. What is Damien’s current situation?2. What is the difference between the various debt instruments that Damien owns?How will each debt instrument affect…

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Discussion Questions for Damien Duff’s personal financial plan1. What is Damien’s current situation?2. What is the difference between the various debt instruments that Damien owns?How will each debt instrument affect his cash flows, both today and in long term?3. What are his options?4. In particular, what is the impact of Damien’s paying off his debt before he start to save for retirement? can he afford both, or must one come before the other?5. What would you recommend? why?

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