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Social StudiesSocial Studies
30 January, 02:24

1. The process of creating a detailed plan to meet your financial needs and prepare for the future is called:

a. Developing goals.

b. Personal financial planning.

c. Collecting financial information.

d. Personal finance

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Answers (1)
  1. 30 January, 02:25
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    Options a) and c) are completely wrong: a) does not have to do with finances, for example they could be educational goals and c) is not enough, one also needs to use this information, not only collect it.

    As far as options b) and d) are concerned: they could both be acceptable, but the usual way of calling it is "personal finance" - the correct answer is d)
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