Why you should keep a record of your finances

0
19KB

First of all, personal financial planning is the most important tool not only for the investor, but also for every person who wants to see a complete picture of his current financial situation and quickly achieve his goals.

 

With the help of personal financial planning, you can avoid difficult financial situations and "holes" in the budget, as well as minimize the stress associated with money issues.

In general, without personal financial planning, it is impossible to achieve an important goal for most people – gaining financial freedom. Financial freedom in its most popular definition is the availability of such capital that will provide passive income for the desired lifestyle.

Personal financial planning consists of several stages, each of which we will analyze in this course:

  1.  
    formulation of financial objectives;
  2.  
    accounting and analysis of current income and expenses;
  3.  
    budget planning;
  4. control over the implementation of the budget and the achievement of financial goals.

Financial freedom is...

The availability of such capital that will provide passive income sufficient for the desired lifestyle!

 

Having studied all the stages of financial planning, you will be able to understand:

  1.  
    In what quantity and on what you spend your money.
  2.  
    For what purposes and to what extent it is necessary to postpone.
  3.  
    How much income is needed to achieve the goals.
  4.  
    How to plan future expenses and protect the budget from unplanned expenses.

Briefly about the main thing

  1.  
    Personal financial planning is a tool that provides a complete vision of current finances and the rapid achievement of goals.
  2.  
    Personal financial planning helps to avoid difficult financial situations and "holes" in the budget, as well as minimize the stress associated with financial issues.
Pesquisar
Categorias
Leia mais
Business
Top Questions to Ask Your Mentor
Entering a mentoring relationship is an exciting opportunity for growth, learning, and...
Por Dacey Rankins 2025-05-26 14:06:14 0 680
Mental Health
Autism Spectrum: Management
There is no treatment as such for autism, and many sources advise that this is not an appropriate...
Por Kelsey Rodriguez 2023-03-13 19:00:17 0 8KB
Телевидение
Прямой эфир АСТВ. ТВ онлайн. Сахалин.
Официальный канал медиахолдинга «АСТВ». Круглосуточное теле-вещание. Смотрите...
Por Nikolai Pokryshkin 2022-10-17 11:54:27 0 21KB
Искусство, культура и развлечения
Фестиваль Рифкина. Rifkin's Festival. (2020)
В самом красивом городе на берегу Испании царит романтическое настроение и проходит престижный...
Por Nikolai Pokryshkin 2022-09-28 19:32:11 0 22KB
Toys and Games
Tips for Choosing Toys
Toys are needed for the child not only for entertainment, but also for proper development. Now...
Por FWhoop Xelqua 2022-09-08 17:51:26 0 22KB
image/svg+xml


BigMoney.VIP Powered by Hosting Pokrov