What are your financial desires - KamilTaylan.blog
26 March 2022 3:30

What are your financial desires


What are the 5 steps of financial planning?

Terms in this set (5)

  • Set SMART Goals.
  • Analyze information.
  • Create a plan.
  • Implement the plan.
  • Monitor and modify the plan.

What is financial planning and example?

A financial plan is a comprehensive picture of your current finances, your financial goals and any strategies you’ve set to achieve those goals. Good financial planning should include details about your cash flow, savings, debt, investments, insurance and any other elements of your financial life.

What are the main points of financial planning?

The main elements of a financial plan include a retirement strategy, a risk management plan, a long-term investment plan, a tax reduction strategy, and an estate plan.