One aspect of financial planning is to make wise decisions using a plan as to what to purchase and when to purchase it.Which component of financial planning does this deal with?
A)Borrowing
B)Spending
C)Managing risk
D)Investing
E)Retirement and estate planning

Question

Quizplus · Accepted Answer

This aspect of financial planning deals with spending, as it involves making decisions about what to purchase and when, which directly relates to how one allocates their available funds for various expenses.

One Aspect of Financial Planning Is to Make Wise Decisions