An effective financial plan must be adaptable to changing circumstances. Which would not be a reason to take you back to Step 1 of the financial planning process?
A) Changes in economic conditions
B) Birth of a child
C) Purchase of life insurance
D) Marriage
Correct Answer:
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Q1: Personal finance is a specialized area of
Q2: Critical to the success of building a
Q3: The financial planning process includes five steps.
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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