Personal financial planning is important because it:
A) controls inflation.
B) limits consumption.
C) reduces social disparity.
D) results in an improved standard of living.
E) reduces economic differences among individuals.

Question

Quizplus · Accepted Answer

Personal financial planning can help individuals achieve their financial goals, increase their savings, and ensure they have a secure financial future. This leads to an improved standard of living for themselves and their families.

Personal Financial Planning Is Important Because It