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question 5 of 6 keanu pays a lot of bills automatically and contributes…

Question

question 5 of 6
keanu pays a lot of bills automatically and contributes to a retirement plan through his job, but he isnt sure how this is setting him up for the future financially. how can a financial advisor help?
select a response.
conduct a cash flow analysis
develop a long - term financial strategy
find investment diversification opportunities
create an emergency financial plan

Explanation:

Brief Explanations

Keanu is concerned about his long - term financial setup. A financial advisor conducting a cash flow analysis will help him understand his income (from job and retirement contributions) and expenses (bills). This analysis is fundamental to assess his current financial situation and plan for the future. Developing a long - term financial strategy is more about creating a plan for future goals, finding investment diversification opportunities is about spreading investments, and creating an emergency financial plan is for unexpected events. So conducting a cash flow analysis is the most relevant first step for a financial advisor to help Keanu.

Answer:

Conduct a cash flow analysis