Answered

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Which best describes the role of financial planning?

A. Many intermediate goals may require funding.
B. Books typically are free with the purchase of a college course.
C. Most licensing exams are covered by government funding.
D. Allow someone to have fewer economic obstacles.

Sagot :

GinnyAnswer

Final answer:

Financial planning involves setting financial goals, budgeting, and utilizing various strategies to manage finances effectively.


Explanation:

Financial planning involves setting goals, evaluating, planning, implementing, and monitoring to make the most of financial resources. Many intermediate goals may require funding, and it is important to develop a plan for financial savings to budget and balance income and expenditures. Investing early allows savings to grow, and various risk-management strategies like insurance protect against financial loss.


Learn more about Financial Planning here:

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