What is included in an individual’s personal finances? Select three options. number of dependents money Career property investment
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personal financial statement is a document or spreadsheet outlining anindividual's financial position at a given point in time. A personal financial statement will typicallyinclude general information about theindividual, such as name and address, along with a breakdown of total assets and liabilities.
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1. Money
2. Property
3. Investment
These are included in an individual’s personal finances
Explanation:
- A key part of any personal finance review will assess your current financial position by preparing a personal budget and gathering together details of all significant personal assets and debts.
- A personal budget, where income and expenditure are compared, is a central part of the planning process.
- It is essential to prepare one in order to make out whether there are likely to be funds available for certain actions to be taken.
- In order to gain personal goals, it will be necessary to save and having a realistic financial budget is an important factor in making sure that the savings are made.
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