Multiple choice

Which of the following is incorrect?

  1. Financial planning is for wealthy individuals only.

  2. A disciplined approach and dedicated savings are necessary.

  3. An unplanned impulsive approach could spell financial distress.

  4. An investment should suit one’s risk appetite.

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Financial planning is not only for wealthy individuals, but for everyone. Everyone should have confidence in their finances and a financial plan that can help them live a comfortable life.