A financial plan should be prepared when you graduate from college or university
A)and carefully followed thereafter without changes.
B)and carefully followed until you retire,when you will no longer need one.
C)and reviewed and adjusted periodically as events such as marriage,job changes,birth of children,and retirement necessitate.
D)as a rough outline,as it will change too often to make anything more detailed feasible.

Question

Quizplus · Accepted Answer

A financial plan should be reviewed periodically as life events and changes in circumstances can affect financial goals and needs. It is important to make adjustments as necessary to ensure that the plan remains aligned with your goals and objectives. Following the plan without any changes may lead to missed opportunities or unexpected financial difficulties. Option A and B are too rigid and do not account for changes in life circumstances, while option D suggests that a financial plan doesn't need to be detailed or comprehensive, which is not true.

A Financial Plan Should Be Prepared When You Graduate from College