What is in financial plan?
A financial plan paints 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 is a financial plan quizlet?
a plan that specifies your financial goals and describes the spending, financing, and investing plans that are intended to achieve those goals.
What is the best definition of personal financial planning quizlet?
The BEST definition of personal financial planning is. a process of mapping decisions for spending, borrowing, and saving and investing in order to achieve financial goals.
What is an example of financial plan?
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.
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