The saving component of financial planning focuses on long-term security and includes:

Question

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The saving component of financial planning focuses on long-term security, which means having a regular savings plan for emergencies is essential. Option B (a current will) is important for estate planning but doesn't necessarily relate to saving. Option C (bankruptcy counseling) is more relevant in a crisis situation rather than a long-term saving plan. Option D (a realistic budget) is important for controlling spending but doesn't necessarily focus on long-term security. Option E (minimizing transportation expenses) may be part of a budgetary plan, but it doesn't necessarily relate to long-term security.

The Saving Component of Financial Planning Focuses on Long-Term Security