1. What are the elements of a financial plan?

1. guiding principles, risk tolerance, financial planning assumptions
2. cash flow, budget, debt calculations
3. retirement benefits calculations and insurance payments calculations,
4. Both A and B are correct
5. Both B and C are correct

2. What does it mean to be financially responsible?

1. being financially responsible means saving a specific amount of money each month subsequently invest it
2. an individual who saves to protect themselves and the things they own is the main of financial responsibility
3. financial responsibility is about having a process for managing money that is realis beneficial to improving your life and personal wellness
4. Both A and B are correct
5. Both B and C are correct

3. Which statement is false about a Financial Plan?

1. it is a personal road map toward a person's financial objectives and building lon worth
2. every individual or a family unit seeking to build long-term wealth should have:
3. financial plan
4. a financial plan is a dynamic document that should be updated regularly
5. as you move through the various stages of job growth, you should never atter change vour financial plan
6. Both A and B and false

4. What are the main factors that influence our current attitudes toward money?

1. our early life experiences.
2. understanding delayed gratification and its benefits
3. our emotions, culture as well as society
4. Both A and B are correct
5. Both A and C are correct