Question

Which of the following pieces of information is NOT gathered during the personal financial planning process?

a) Income and expenses
b) Investment goals
c) Tax returns
d) Favorite hobbies

Answer 1

Income and expenses, investment goals, and tax returns are gathered during the personal financial planning process, but favorite hobbies are not.

Step-by-step explanation:

The following pieces of information are gathered during the personal financial planning process:

1. Income and expenses
2. Investment goals
3. Tax returns

Favorite hobbies are not gathered during the personal financial planning process.