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which of the following is not a step in developing a financial plan? co…

Question

which of the following is not a step in developing a financial plan?
consider your current financial situation
identify and evaluate alternative plans that could help you achieve your goals
establish your financial goals
put your plan away for six months to a year and then review it for accuracy

Explanation:

Brief Explanations

Developing a financial plan involves considering the current financial situation, establishing goals, and evaluating alternative plans. Putting the plan away for six months to a year without regular review is not a standard step. Financial plans need periodic reviews (not just after six months - a year) to adapt to changes in income, expenses, goals, etc.

Answer:

Put your plan away for six months to a year and then review it for accuracy.