Master Financial Planning

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Questions and Answers

Which of the following is NOT a component of personal finance?

  • Marketing (correct)
  • Income generation
  • Investing
  • Spending

What is the purpose of a financial plan?

  • To provide financial advice
  • To generate income
  • To analyze investment opportunities
  • To manage personal finances (correct)

What is the relationship between NerdWallet and the providers mentioned in the text?

  • NerdWallet is owned by these providers
  • NerdWallet invests money with these providers
  • NerdWallet provides financial advice to these providers
  • NerdWallet is a referral partner of these providers (correct)

What does NerdWallet claim about the objectivity of their reviews and ratings?

<p>They are objective and not influenced by partnerships (A)</p> Signup and view all the answers

What is the purpose of a budget in personal finance?

<p>To manage spending (B)</p> Signup and view all the answers

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