Question

1 multiple choice 1 point which of the following factors does not influence financial planning? remember, this means that 3 of the answers do influence financial planning. you need to choose the one answer that does not influence financial planning. savings potential future earnings debt investments 2 multiple choice 1 point is the amount of money needed to cover basics such as housing, food, taxes, and healthcare. cost of living variable expenses investments

Explanation:

For the first question:

• Savings: Savings are crucial as they can be used for emergencies, future goals etc. in financial planning.
• Potential future earnings: Helps in estimating how much one can earn in future and plan expenses, investments etc.
• Debt: Needs to be managed as part of financial planning (e.g., paying off debt, interest calculations etc.)
• Investments: A key part of financial planning to grow wealth.

For the second question:

• Cost of living: Directly refers to the amount of money required for basic necessities like housing, food, taxes, healthcare.
• Variable expenses: Can be non - essential or fluctuate (e.g., entertainment expenses which are not “basics” in the given context).
• Investments: Are about growing money, not covering basic living costs.

Answer:

1. All of the options (Savings, Potential future earnings, Debt, Investments) influence financial planning. But if we assume there is a trick (maybe a mis - print in the question setup), but based on standard financial planning concepts, all are relevant. However, if forced to choose (maybe a wrong option in a test), there is no non - influencing factor among the given. But if we consider a wrong - option scenario (unlikely as per concepts), no answer. But in a real - world proper financial planning:

• Savings: Used for goals, emergencies.
• Potential future earnings: For income projections.
• Debt: For liability management.
• Investments: For asset growth.

1. Cost of living.