Business, 15.11.2021 01:00 darianhaynes

Carl is a young adult and always has money left over in his account at the end of the month and has saved something. He doesn't really know how much he spends or exactly how much he makes, but he doesn't really think too much about it since he sees his savings account grow. What is true about Carl in terms of a financial plan? Group of answer choices

Carl could potentially think about investing some money or saving for retirement with some of the money left over. As long as he is putting some money away for the future, he will be fine.

Carl has a great financial plan because he is saving each month. That's all that matters.

Carl should be more intentional in determining his expenditures and developing a more specific savings plan (with targeted goals for the money left over). This plan should take into account his needs for the future.

Carl should be speculating. Since he is young, he must be taking some riskier moves with his money to have a good financial plan.

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Carl is a young adult and always has money left over in his account at the end of the month and has...

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