1. Financial planning can help you use the money you earn to achieve your financial goals. True or False
2. When comparing two different investment opportunities the investor should always choose the investment that minimizes the total amount of taxes paid. True or False
3. A financial plan is only concerned with your future earnings and expenses. It does not require an examination of your current financial situation. True or False
4. Common factors that guide all sound financial plans include flexibility, diversification, maximization of taxes, and self- insurance to protect your wealth. True or False
5. The most important aspect of choosing a career is the amount of income that career will generate over your lifetime. True or False