Discuss the basic principles of Income distribution in Islam b. Discuss why financial planning ia an important discipline in life

How does the SMART acronym (Specific, Measurable, Action-oriented, Realistic, Time-based) assist in setting effective financial goals, and why is it important for successful money management? In the context of financial planning, why is it essential to regularly review and adjust your financial plan, especially considering changes in personal circumstances or economic factors? How does this practice contribute to maintaining financial security and independence over time?

Explain the term, "financial literacy", and its importance in your life and future.

What is the process of managing revenue and expenses? Group of answer choices  Finance Budgeting Budget Financial management