Question

1. what is the primary goal of personal finance?

a. earning as much money as possible
b. achieving financial independence
c. spending money on luxuries
d. relying on others for financial support

Explanation:

Personal finance focuses on managing one's money, savings, and investments to build long-term financial stability and the ability to cover one's own needs without external reliance. Earning excessive money is not the core goal, as it does not account for management; spending on luxuries and relying on others contradict the purpose of personal finance.

Answer:

b. Achieving financial independence