A good financial plan does not include an insurance plan.

ATrue
BFalse User: A good financial plan does not include an insurance plan.
ATrue
BFalse User: Randy would like to set up a budget for a vacation he is taking next year. Which money management tool should Randy use?

printable graphs

spreadsheet

online banking

ExpensureTM

Verified Answer :

Hagrid

A good financial plan does not include an insurance plan. 
This statement it false. Insurance plans provide a person long-term benefits that are paid at present but can be used later in the future, especially for emergency purposes (e.g. health insurance).

If Randy would like to save his money for a vacation next year he must use an online banking account. This way he can easily track his transactions day-in and day-out to save up for his trip.