What aspect of financial planning might you discuss with a friend who buys fancy coffee drinks twice a day, visits the mall at least once a week for recreational shopping, and prefers impulse buying to carefully researched purchasing?

Question

Quizplus · Accepted Answer

The friend's spending habits suggest that they may benefit from a discussion about the importance of smart spending and not wasting money on unnecessary purchases. Choice A is not helpful in this situation, as it does not provide any guidance on how to improve financial habits. Choice B is a general statement that does not address the friend's specific habits. Choice C may be relevant, but without more information it is unclear how it applies to the friend's situation.

What Aspect of Financial Planning Might You Discuss with a Friend