Financial Planning 1

6

Evaluate alternativesConsider:life situationpersonal valueseconomic factionAssess: risktime value of money(opportunity cost)

5

Create and implement yourfinancial action plan

The Financial Planning Process

3

Identify alternative courses of action

1

Determinecurrentfinancialsituation

Review\and revise\the financial\plan

2

4

Develop your financial goals