Changes in income, values, and family situation make it necessary to:
A)develop financial goals
B)implement the financial plan.
C)evaluate and revise your actions.
D)analyze your current personal and financial situation.
E)create a financial plan of action.

Question

Quizplus · Accepted Answer

Changes in income, values, and family situation can impact the effectiveness of an existing financial plan. Thus, it is important to regularly evaluate and revise one's actions and strategies to ensure that they align with current circumstances and goals.

Changes in Income, Values, and Family Situation Make It Necessary