Financial planning steps or actions should not be:(1.0 Marks)At Cross Purpose To Each OtherAWithout PurposeBOf The Same Purpose
Question
Financial planning steps or actions should not be:
- At Cross Purpose To Each Other
- Without Purpose
- Of The Same Purpose
Solution
Financial planning steps or actions should not be:
A) At Cross Purpose To Each Other: This means that the steps or actions taken in financial planning should not contradict or conflict with each other. They should be aligned and work towards the same goal.
B) Without Purpose: Every step or action in financial planning should have a clear and defined purpose. This helps in achieving the financial goals effectively and efficiently.
C) Of The Same Purpose: While it's important for all steps or actions to be aligned, they should not all have the exact same purpose. Different steps or actions should address different aspects of the financial plan to ensure a comprehensive approach.
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