Question

The stages that an individual goes through based on age, financial needs, and family situation is called the: (points : 2) financial planning process. budgeting procedure. personal economic cycle. adult life cycle.

Answer 1

The correct answer to this question is "adult life cycle." The stages that an individual goes through based on age, financial needs, and family situation is called the adult life cycle. It has to be taken into account the needs and the future plans when adulting comes.