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What Are the Two Functions of a Financial Plan

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What are the two functions of a financial plan?


Definitions:

Common Concerns

Shared or mutual interests, issues, or problems among a group of people.

Universality

The quality of being universal; applicable or common to all persons, situations, or in the case of concepts, suggesting widespread relevance.

Truth Telling

The practice or principle of communicating truths, especially in situations where honesty is challenging but necessary.

Similar Concerns

A condition where different issues or situations have overlapping or alike attributes or effects.

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