Personal financial planning is the process of managing other people's money to achieve economic satisfaction.

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter4: Managing Your Cash And Savings
Section: Chapter Questions
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True or False.

1. Personal financial planning is the process of managing other people's money to achieve economic satisfaction.

2. Personal financial goals are monetary in nature.

3. In financial planning, risk involves monetary and non-monetary uncertainties.

4.

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