A personal financial plan specifies financial goals and describes

Question

Question 9 options:

saving, investing, and asset valuation.

spending, saving, and credit card financing.

spending, financing, and investment plans.

saving and spending only.

Answer 1

A personal financial plan typically specifies financial goals and describes various aspects of managing one's finances. Among the options you provided, the most comprehensive answer would be:

spending, financing, and investment plans.

This option covers a broader range of financial activities than the others. It includes not just saving but also how one intends to spend money and the strategies for investing, making it a well-rounded description of a personal financial plan.