Answer:
True
Step-by-step explanation:
Personal financial planning: It is the financial planning which is done for the family or at individuals level. It includes all the things which are important in life such as education, employment, housing, transportation, lifestyle, medical insurance, health insurance etc.
The main aim to do personal financial planning is to secure their future so that they don't face any major problem in nearby the future.
Hence, the given statement is true.