Process of Personal Finance Planning Process
Following are the steps one can follow to achieve the personal finance goal.
1.?????? Analyse the Income and Expenses (including expenses pattern).
2.?????? Define your financial goal.
a.?????? Short term financial goal
b.?????? Long term financial goal
3.?????? Develop your financial plan:
a.?????? Flexibility
b.?????? Liquidity
c.?????? Protection
d.?????? Minimize tax liability
4.?????? Implement your financial plan
5.?????? Review your financial plan
By adopting and discipline in above points one can achieve their plan.
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17+ Years exp. in QA, Testing, Automation Testing, Selenium, Appium, Jmeter, SoapUI. Automation testing blogger.
1 个月Nice explanation sir. I find out more details on personal finance here https://wisefinancetips.com/10-actionable-personal-finance-tips/
MSc International HRM Graduate | BBA Alumnus | Event Management Professional | Published Researcher in Business and HRM
1 个月Very informative
Banker with 18 years experience
1 个月Insightful
Manager & Branch Operations Head @ HDFC Bank Bardoli
1 个月Great advice
Owner at Pavitram groundnut oil
1 个月Great advice