Mr. Hung, aged 32, engaged. He is a merchandising team head of a trading company at a month salary of $25,000. He is liv

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Mr. Hung, aged 32, engaged. He is a merchandising team head of a
trading company at a month salary of $25,000. He is living with
parents and is planning to rent an apartment after getting
married.
(i) Identify the stage of life cycle of Mr. Hung. Address two
financial concerns in this stage. (8 marks)
(ii) State the criteria for setting the financial goal. Briefly
explain. (8 marks)
(iii) Try to set one short-term financial goal and one long-term
financial goal for Mr. Hung. (8 marks)