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Select the definition that best describes Financial Planning.

A strategy to achieve a target amount of net household income by maximizing revenues and managing expenses

A strategy to achieve a target dollar amount of savings within a defined amount of time

A holistic process that focuses on observing, identifying, and setting the habits necessary for a person to reach their financial goals

A process that maps out specific overall cashflow targets month$-$overmonth to help households achieve their desired amount of savings