Which of the following is considered a common financial behavior?

Money management is considered a common financial behavior because it encompasses the practices and strategies individuals use to handle their financial resources. It includes budgeting, tracking expenses, saving, investing, and managing debt effectively. These actions are integral to achieving financial stability and reaching personal financial goals. People often engage in various aspects of money management on a regular basis, making it a fundamental behavior in the context of personal finance.

While personal goal setting is also a beneficial behavior, it is more of a precursor or a guiding framework for effective money management rather than a direct action taken in the management of finances. Ignoring debt and spending without a budget are typically regarded as detrimental financial behaviors, as they can lead to poor financial health and increased financial risks.