The First Step in the Financial Planning Process Is to Establish

question 99

True/False

The first step in the financial planning process is to establish goals that are realistic and attainable.

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Definitions:

Optimism

A tendency to maintain a positive outlook and expect favorable outcomes amidst life's challenges.

Personality Development

The formation and maturation of an individual's personality over time, influenced by genetic, environmental, and social factors.

Actively Participate

To take part in an activity or event in a way that involves engagement, contribution, or involvement.

Stimulation

The encouragement of development or increased activity in oneself or others, often through external inputs or environments.