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Through the successful study of personal finance, an individual will be better prepared to calculate financial risks able to spend available assets. faced with long-term challenges. more likely to avoid high opportunity costs.

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Answer:

A. better prepared to calculate financial risks

Step-by-step explanation:

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Through the successful study of personal finance, an individual will be better prepared to calculate financial risks.

What is Personal Finance?

Personal finance is a broad word that encompasses money management, as well as saving for the future.  Personal finance also includes some of the following:

  • Budgeting,
  • Banking,
  • Insurance, and
  • Estate preparation etc

A successful study of personal finance can help in various ways such as:

  • Assisting in increasing our income stream and cash flows.
  • Keeping track of our expenses and spending habits.
  • Tax preparation and careful budgeting guarantee that our hard-earned money is not wasted on needless purchases.

Learn more about personal finance here:

https://brainly.com/question/2961383

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