Personal Financial Planning Quiz
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Questions and Answers

Which of the following is true about smart financial planning?

  • It requires a large budget.
  • It guarantees a successful retirement.
  • It focuses only on short-term wants.
  • It involves compromise and conversation. (correct)

    • What do these how-to articles help you with?

  • Planning your wedding
  • Buying groceries
  • Repairing your car
  • Creating a personal financial plan (correct)

    • How many steps are there in building a personal financial plan?

  • 9 (correct)
  • 3
  • 5
  • 12

    • Is it necessary to have already started some of the steps in building a personal financial plan?

    <p>Yes</p> Signup and view all the answers

    What is the main focus of balancing long-term dreams with short-term wants in financial planning?

    <p>Achieving long-term dreams</p> Signup and view all the answers

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