Instructions: From our discussion in steps in financial planning, Select the number of the step being described. In this part, you must determine your current financial situation with regard to income, savings, living expenses, and debts. Answer 1 Choose... This step requires choosing ways to achieve your goals. As you achieve your immediate or short-term goals, the goals next in priority will come into focus. Answer 2 2 This step involves identifying how you feel about money and why you feel that way. The purpose of this analysis is to differentiate your needs from your wants. Answer 3 Choose... This step involves the identification of alternative courses of action. Answer 4 Choose... You need to regularly assess your financial decisions. Changing personal, social, and economic factors may require more frequent assessments. Answer 5 Choose... In this part, you need to evaluate possible courses of action, taking into consideration your life situation, personal values, and current economic conditions. Answer 6 Choose