essay 5 points\na) identify a habit that would help you in your financial planning and\nb) explain why you…

Brief Explanations:

a) One habit that can help in financial planning is creating and sticking to a budget. It allows for tracking income and expenses, ensuring that spending is in line with financial goals. b) Budgeting is chosen because it provides a clear - cut plan for managing money. It helps in identifying unnecessary expenses, saving for future goals like emergencies, retirement, or large - purchases, and avoiding debt.

Answer:

a) Creating and sticking to a budget. b) It provides a clear plan for money management, helps identify unnecessary expenses, saves for future goals, and avoids debt.