What is the primary purpose of financial planning?
TYPES OF FINANCIAL SERVICES

Flashcard
•
History
•
6th - 8th Grade
•
Hard
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6 questions
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1.
FLASHCARD QUESTION
Front
Back
To manage your money effectively
2.
FLASHCARD QUESTION
Front
Which of the following is a benefit of budgeting? Helps manage expenses, Increases financial losses, Eliminates the need for insurance, Reduces the need for savings
Back
Helps manage expenses
3.
FLASHCARD QUESTION
Front
How does insurance provide peace of mind?
Back
By protecting from financial losses
4.
FLASHCARD QUESTION
Front
What is a key benefit of having a savings account?
Back
Safe way to save money
5.
FLASHCARD QUESTION
Front
Why is it important to understand the difference between stocks and bonds?
Back
To make informed investment decisions
6.
FLASHCARD QUESTION
Front
Which financial service helps you make rational decisions about your money?
Back
Budgeting
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