_____ is the study of the economic factors and personal decisions that affect a person's financial well-being.

Question

Quizplus · Accepted Answer

Personal finance is defined as the study of the economic factors and personal decisions that affect a person's financial well-being, including budgeting, saving, investing, and managing debt. Finance planning is a related concept but focuses more on creating a comprehensive plan to meet specific financial goals. Financial success and standard of living are also related to personal finance but are broader concepts that encompass a wider range of factors beyond just financial decision-making.

_____ Is the Study of the Economic Factors and Personal