A Question Associated with the Saving Component of Financial Planning

question 118

Multiple Choice

A question associated with the saving component of financial planning is:

• A)Do you have an adequate emergency fund?
• B)Is your will current?
• C)Is your investment program appropriate to your income and tax situation?
• D)Do you have a realistic budget for your current financial situation?
• E)Are your transportation expenses minimized through careful planning?

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Definitions:

Erratic Toilet Training

Inconsistent approaches to potty training a child, which may lead to confusion and difficulties in learning proper bathroom habits.

Sadism

A psychological condition where individuals derive pleasure from inflicting pain or suffering on others.

Chauvinism

An exaggerated or aggressive patriotism or blind enthusiasm for military glory; alternatively, it can refer to biased devotion to any cause, group, or gender.

Cardinal Trait

A personality trait that is so pervasive and dominant in a person's life that it influences nearly every aspect of their behavior.