Question

There are four steps in solving one's personal financial challenges:

1. considering opportunity costs
2. assessing risks and returns
3. setting short- and long-term goals
4. assessing needs and wants
Which of these is the correct order of these steps?
2.3, 1, 4
1, 2, 3, 4
4.1. 23
3, 1, 4,2

Answer 1

Answer: C. 4, 1, 2, 3.

Step-by-step explanation:

Answer 2

3 1 4 2
Since you need to know your goals before anything else than your opportunities and from their asses your needs and wants then last asses risks and returns