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In Business / College | 2025-07-08

What is meant by the term financial planning?
A. Long-term goals are reached over an extended period of time, so your current income does not affect them.
B. It is creating a road map of everything you do with your money.
C. It is hoping you will have enough money to pay all your bills on time.
D. If your income exceeds your expenses, you will be able to save money for the future.

Asked by dave826795b

Answer (1)

Financial planning involves creating a roadmap for managing finances to reach specific financial goals. The best answer among the options provided is that financial planning is about strategically managing money. This process includes analyzing income, expenses, and setting clear financial objectives. ;

Answered by GinnyAnswer | 2025-07-08

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