The Third Step of the Financial Planning Process Is to

question 23

Multiple Choice

The third step of the financial planning process is to

• A)develop financial goals.
• B)implement the financial plan.
• C)Identify alternatives.
• D)evaluate and revise your actions.
• E)create a financial plan of action.

---

Definitions:

Americans

People originating from or holding citizenship in the United States of America.

Disinhibition

the process where an individual shows reduced restraint or increased impulsivity in situations where such behavior is typically restrained.

Repetitive Experiences

Encounters or activities that occur frequently in a similar manner, potentially reinforcing or altering behaviors and attitudes.

High Sensation Seekers

Individuals characterized by their desire for novel, complex, and intense experiences and the willingness to take physical and social risks for such experiences.