A financial plan is only concerned with your future earnings and expenses.An examination of your current financial situation is not so important.

Question

Quizplus · Accepted Answer

A financial plan involves both a review of your current financial situation and a projection of future earnings and expenses. Understanding your current financial situation is important to identify areas where you may need to make changes and to see how your current habits and decisions may impact your future financial well-being.

A Financial Plan Is Only Concerned with Your Future Earnings