Which of the Following Is the First Step in Creating

question 55

Multiple Choice

Which of the following is the first step in creating a financial plan?

• A) What is your starting point?
• B) What is your financial score?
• C) What is your goal?
• D) What is your financial capacity?

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Definitions:

Personality Change

Alterations in an individual's behavioral patterns, attitudes, and emotional responses over time.

BAS

Behavioral Activation System, which is a neurological system thought to regulate motivation towards rewards and positive reinforcement.

BIS

Behavioral Inhibition System, a concept in psychology that refers to the brain mechanism which predicts an individual's response to anxiety-relevant cues in the environment.

Extraversion

A personality trait characterized by outgoingness, high levels of social engagement, and a tendency to seek stimulation in the company of others.