Question

question 3 of 20
when should you start financial planning?

a. before you start at your first paying job
b. once you have priorities established, regardless of age
c. when you make your first million dollars
d. when you set up a 401(k) through your employer, regardless of age

Explanation:

Financial planning is about managing finances to meet goals, and it's best to start when priorities (like saving, investing, debt management) are set, regardless of age. Option A is too early (no income yet), C is unrealistic (waiting for a million), D is specific to 401(k) setup. So B makes sense.

Answer:

B. Once you have priorities established, regardless of age