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Q: Explain the life cycle of financial plans and their role in achieving your financial goals.
A: To achieve these and other goals, people need to identify and set priorities. [ Financial and personal satisfaction are the result of an organized process that is commonly referred to as personal money management or personal financial planning. Personal financial planning is the process of managing your money to achieve personal economic satisfaction. This planning process allows you to control
your financial situation. Every person, family, or household has a unique financial position, and any financial activity therefore must also be carefully planned to meet specific needs and goals. ]
Expert answered|MrG|Points 4373|
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Asked 7/19/2013 2:02:04 PM
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