Join ExamsbookAnswer : 1. "Personal financial planning is the process of creating and achieving financial goals"
What is true about personal financial planning?5
Q: What is true about personal financial planning?
- 1Personal financial planning is the process of creating and achieving financial goalstrue
- 2Our financial decisions decrease once we reach adulthoodfalse
- 3A family's resources are unlimitedfalse
- 4There are two means for achieving financial goals—you either need to increase your spending or reduce savingsfalse
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Answer : 1. "Personal financial planning is the process of creating and achieving financial goals"
Explanation :
Answer: A) Personal financial planning is the process of creating and achieving financial goals Explanation: Personal financial planning is the process of creating and achieving financial goals. True statements regarding personal financial planning: As we age, the number and complexity of the financial decisions that we make increases. There are two means for achieving financial goals—you either need to increase your savings or reduce spending. A family's resources are limited.