Question

The major function of a financial plan is to a. Reduce taxes b. Increase savings c. Achieve financial goals d. Improve your credit rating e. Obtain adequate insurance protection

Answer 1

Answer:

The answer is: letter c, Achieve financial goals

Explanation:

A "financial plan" is meant to assist an individual in managing his/her financial needs. It also tells him about his current financial situation and how he can achieve his financial goals.

This plan aids the person in achieving his goals with the help of some steps that he needs to follow. This allows him to know how much he can save and can spend, especially in the future.

Thus, this explains the answer.