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Emily wants to save money for her child's education. She sets a specific savings goal, develops a budget to monitor her income and expenses, and

Emily wants to save money for her child's education. She sets a specific savings goal, develops a budget to monitor her income and expenses, and explores different saving and investment alternatives. What step of the financial planning process does Emily's actions exemplify? Question 17Answer a. Goal setting b. Budgeting c. Saving and investing d. Implementation and review

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