Select the term associated with the personal financial planning process and techniques tnat

Physical assets, such as real estate and automobiles that can be held for either consumption or investment purposes.

Resultsthat an individual wants to attain, such as buying a home, building a college fund, or achieving financial independence.

The medium of exchange used as a measure of value in financial transactions.

The percentage of each dollar of income, on average, that a person spends for current needs rather than savings.

Intangible assets, such as savings accounts and securities$,$ that are acquired for some promised future return.

A systematic process that considers important elements of an individual's financial affairs in order to fulfill financial goals.

The necessities, comforts, and luxuries enjoyed or desired by an individual or family.

Target dates in the future when certain financial objectives are expected to be completed.

The amount of satisfaction received from purchasing certain types or quantities of goods and services.