Choose all that apply. select all the parts in a financial plan. net worth statement savings account financial goals savings and investing plan insurance plan checkbook register budget

There are eight components for financial planning and these are the following:

-        Cash flow management

-        Investment management

-        Tax planning

-        Tax – deferred investment environments

-        Insurance assessment

-        Estate planning

-        Business succession planning

-        Revisiting your written financial plan regularly

So from the choices, we can say that these are the following answers”:

- Net worth statement
- financial goals
- budget
- savings and investing plan
- insurance plan

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