Question

personal financial planning

• is the blank of creating a financial plan to spend and save money
• allows people to determine, in blank, whether they will have enough blank for their needs and wants
• is a step - by - step process which allows people to spend and save with blank

: money : process : advance : confidence

creating a financial plan

• involves the following steps:

◦ blank the financial situation
◦ setting financial goals
◦ blank courses of action
◦ evaluating blank
◦ finalizing the plan
◦ implementing the plan
◦ blank and revising the plan

: reviewing : identifying : alternatives : determining

Explanation:

Personal financial planning is the process of creating a financial plan for spending and saving. It helps people determine in advance if they have enough money for their needs. The steps in creating a financial plan include identifying the financial situation, setting goals, determining courses of action, evaluating alternatives, finalizing, implementing, and reviewing and revising the plan.

Answer:

• Is the process of creating a financial plan to spend and save money.
• Allows people to determine, in advance, whether they will have enough money for their needs and wants.
• Is a step - by - step process which allows people to spend and save with confidence.
• Creating a Financial Plan involves the following steps: identifying the financial situation, setting financial goals, determining courses of action, evaluating alternatives, finalizing the plan, implementing the plan, reviewing and revising the plan.