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A financial road map used by individuals and companies as a guide for spending and saving.T/F

User Zeycus
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1 Answer

21 votes
21 votes

Answer:

True

Step-by-step explanation:

A financial road map, also known as a financial plan, is a guide for individuals and companies to use in order to make informed decisions about their spending and saving. A financial plan typically includes information about an individual's or company's current financial situation, financial goals, and strategies for achieving those goals. It may include information about income, expenses, debts, assets, and investments, as well as a budget and a plan for managing financial risks. A financial plan can help individuals and companies make informed decisions about how to allocate their financial resources in order to achieve their financial goals and manage their financial risks effectively.

User Oleksii Balenko
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