Personal financial planning has the main goal of:

Question

Quizplus · Accepted Answer

Personal financial planning is concerned with managing one's money to achieve personal economic satisfaction. It involves setting financial goals, creating a budget, managing debt, saving and investing for future needs, and protecting one's assets through insurance. While reducing tax liability may be a part of financial planning, it is not the main goal. Spending to achieve financial objectives may also be a part of financial planning, but it is not the primary goal. Likewise, savings, spending, and borrowing based on current needs are important components of financial planning, but they are not the main goal.

Personal Financial Planning Has the Main Goal Of