One of the first things the financial planner was likely to have them do would be to:
A)open an individual retirement account IRA).
B)borrow money to pay for their excess expenses.
C)take inventory of their financial position.
D)return to school and pursue a graduate degree.

Question

Quizplus · Accepted Answer

Taking inventory of their financial position would be the first step for the financial planner to assess their current financial status, including income, expenses, debts, and assets. This would help in creating a roadmap for achieving their financial goals. The other options, such as opening an individual retirement account, borrowing money, or pursuing a graduate degree, may not be the immediate need and would depend on the client's specific financial situation and goals.

One of the First Things the Financial Planner Was Likely