Critical to the success of building a comprehensive financial plan is that you approach its creation in a logical order. The steps to success, in the correct order, are as follows:
A) Secure basic needs, build and protect wealth, and establish a firm foundation.
B) Secure basic needs, establish a firm foundation, and build and protect wealth.
C) Build and protect wealth, establish a firm foundation, and secure basic needs.
D) Establish a firm foundation, secure basic needs, and build and protect wealth.
Correct Answer:
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Q1: Personal finance is a specialized area of
Q3: The financial planning process includes five steps.
Q4: An effective financial plan must be adaptable
Q5: Personal financial planning does not include which
Q6: Which is not a necessary activity in
Q7: Which is not a necessary activity in
Q8: Which is not a necessary activity in
Q9: As you build your financial plan, you'll
Q10: If your _ are larger than your
Q11: A person's fundamental beliefs concerning what is
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