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Q: What is true about personal financial planning?

  • 1
    Personal financial planning is the process of creating and achieving financial goals
  • 2
    Our financial decisions decrease once we reach adulthood
  • 3
    A family's resources are unlimited
  • 4
    There are two means for achieving financial goals—you either need to increase your spending or reduce savings
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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.

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