ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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deciding where to put your precious earnings. Money can go to living expenses, savings, investments, and toward discretionary purchases (like that new pair of shoes!).
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Cash Mangement
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Budget
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Investment
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Financial Plan
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Explanation:
Detailed explanation-1: -Financial planning is a step-by-step approach to meet one’s life goals. A financial plan acts as a guide as you go through life’s journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.
Detailed explanation-2: -Define your short-and long-term goals. Audit your current income, savings, and long-term savings and investing plan. Address shortfalls/adjust goals. Account for multiple future scenarios. Develop a comprehensive financial plan. Implement and monitor that plan. More items •21-Dec-2021
There is 1 question to complete.