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Planning Beginner: Create a Financial Action Plan--Keep It Simple

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1.
A financial goal that you set might fail because it was _______.
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Any of the above. These are all things that sabotage one's efforts. That's why clear goal-setting is needed.
2.
A financial action plan is the same thing as a budget.
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False. It is about more than just how you spend your money.
3.
Once you have made a financial plan, _______.
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You must review it and change it if necessary. Plans are not set in stone, and neither are they self-correcting; you must revise them over time.
4.
"Monitoring" your financial plan means _______.
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Setting reminders and checking in on it. This step exists to make sure you are on track.
5.
You can set and keep track of your financial goals on your cell phone.
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True. There are special goal-setting apps and financial planning apps that you can use right from your cell phone (or tablet, if you like).