The correct answer is True
Explanation:
Finance refers to the discipline that focuses on money and the way this is managed. In this context, financial planning means you have control over money and you can use it to create and achieve financial goals such as planning a budget. Moreover, personal financial planning includes goals that are related to each individual or occur at a personal level such as creating a budget for a trip, saving money for retirement or paying a loan. These goals are created by the individual and achieve through effort, organization and time. According to this, it is true personal financial planning is the process of creating and achieving financial goals.
