As Patrick's financial advisor, I would suggest he try to stretch his three months worth of living expense as far as he can. Patrick's case lacks quite a few details needed to provide him …show more content…
I would also recommend she pay off credit debt to keep from acquiring further interest charges on the debt. Per Frank (2011), credit cards today often have several different interests rates depending on activity and those interest rates frequently change for a variety of reasons. Credit cards in 1980 had a single interest rate. If there is enough money left after paying the debt, I would suggest she complete the courses for the technology certification she desires as the will enhance her future earning power. If there is any additional money, I would recommend she put in savings for retirement or a down payment on a