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Developing a set of structured and deliberately formulated financial plans is very useful in achieving financial success and security. Which off
Following actions would you recommend to someone thinking about engaging in financial planning?
Action
Pay credit card balances in full each month.
Recommend?
(Yes or No)
Start saving early in life and save throughout your life.
If your employer offers a retirement plan, don't participate in it.
Don't bother to set target dates for achieving your financial goals.
Yes
uld provide the best answer?

Sagot :

Final answer:

Saving early, paying credit card balances in full, and setting target dates are key actions in financial planning.


Explanation:

Start saving early in life and save throughout your life: Saving early allows compound interest to work in your favor, helping your money grow over time.

Pay credit card balances in full each month: Avoiding credit card debt helps maintain a good credit score and saves money on interest.

Don't bother to set target dates for achieving your financial goals: Setting target dates provides a timeline for achieving financial goals and helps track progress.


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