Question

Which best describes the role of financial planning?

A. Many intermediate goals may require funding.
B. Books typically are free with the purchase of a college course.
C. Most licensing exams are covered by government funding.
D. Allow someone to have fewer economic obstacles.

Answer 1

The role of financial planning is best described with the following: Allow someone to have fewer economic obstacles. Correct answer: D

Financial planning is a comprehensive evaluation of an investor's current and future financial state by estimating the capital required and determining its competition. It helps you make decisions that make the most of your financial resources.

Answer 2

Which best describes the role of financial planning? Allow someone to have fewer economic obstacles. A financial plan is important to have because it allows someone to be best set up for the future. A financial plan allows you to predict your future cash flows, asset values and save for unfortunate events. Those who actively participate in financial planning tend to overcome the fewer economic obstacles thrown their way.