A net worth statement, financial goals, and a budget are all part of a _____. saving and investing plan savings account long-ter

Question

Anvisha [2.4K]

3 years ago

12

A net worth statement, financial goals, and a budget are all part of a _____. saving and investing plan savings account long-ter

m financial goal financial plan

Mathematics

2 answers:

netineya [11] · Answer 1 · 2022-05-01T07:59:16+03:00

netineya [11]3 years ago

6 0

A net worth statement, financial goals, and a budget are all part of a FINANCIAL PLAN.

A financial plan is defined as a comprehensive evaluation of the individual's current financial status to plan or prepare for the individual's future financial state.

andreyandreev [35.5K] · Answer 2 · 2022-05-01T06:16:16+03:00

The <u>correct answer</u> is:

A financial plan.

Explanation:

A financial plan is based on financial goals. These can include college education, buying a home, starting a business, or retirement. Financial goals are set to be used as milestones of the plan.

A personal net worth statement is a listing of a person's assets and liabilities. It helps measure a person's progress towards their financial goals.

A budget helps a person decide how much to set aside for debt repayment, savings and investing each month.