Why is it important to monitor and revise your financial plan from time to time?
A) Your financial position changes over time as does your personal, job, and family situation.
B) As you get older you will want to lower your goals.
C) So that you remember the goals you were striving for.
D) You may decide enjoying consumption now is more important than saving for retirement years.

Question

Quizplus · Accepted Answer

Financial positions and personal circumstances such as job and family situations change over time, necessitating adjustments to financial plans to ensure they remain aligned with current goals and realities.

Why Is It Important to Monitor and Revise Your Financial