This discussion will consider lessons learned from the 2008 financial crisis and recession.

 The year 2008 ushered in one of the most challenging economic periods in U.S. history. The effects of prolonged unemployment and reduced asset values for homes and personal wealth continue to 

affect people’s potential to realize their personal wealth objectives. 

 Identify two concerns that  individuals should address in developing their own personal financial plan related to lessons learned from the risks identified during the 2008 U.S. financial crisis. You may also wish to consider the effects to personal finances that you have observed and/or experienced

 resulting from the economic impact of the COVID-19 pandemic.  What approaches should be

 included in a personal financial plan to address and minimize future risks with respect to these 

concerns?