Question

What is the importance of a disciplined approach to financial planning?

a.

It causes financial distress

b.

It encourages an impulsive approach

c.

It is primarily for wealthy individuals

d.

It helps avoid financial distress and achieve financial goals

Posted under IC38 Life Insurance Agent Exam

Answer: (d).It helps avoid financial distress and achieve financial goals Explanation:A disciplined approach to financial planning is important as it helps individuals avoid financial distress and achieve their financial goals. It encourages responsible financial management and ensures that one's finances are effectively planned and managed over time.

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Q. What is the importance of a disciplined approach to financial planning?
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