Question

Which activity is a part of personal financial planning?

Answer 1

(1) Determining your current financial situation.

(2) Developing financial goals.

(3) Identifying alternative courses of action.

(4) Evaluating alternatives.

(5) Creating and implementing a financial action plan, and.

(6) Re-evaluating and revising the plan.

Answer 2

Knowing your daily income and expenses and preparing your finances accordingly