The life stages of an individual saver include all of the following EXCEPT:
A)the formative/education developing stage
B)the career earning/family creating stage
C)the wealth building stage
D)all are included

Question

Quizplus · Accepted Answer

All of the stages are included in the life stages of an individual saver. The formative/education developing stage is when someone is learning about personal finance and building good habits. The career earning/family creating stage is when someone is earning money and may have dependents. The wealth building stage is when someone is focused on growing their net worth through investments and savings. All of these stages are important for a successful savings journey.

The Life Stages of an Individual Saver Include All of the Following