Let's break down what a financial plan is & walk you through the steps of creating one.

In Part 2 of 3 part series, we'll cover Income planning, net worth and investments.

It can be over-whelming, but doesn't have to be if you take one step at time.

In this 3 part series we will build your plan together, covering these 9 Steps:

1. Preparing financial plan.

2. Income planning.

3. Determining net worth.

4. Investments.

5. Retirement planning.

6. Insurance.

7. Dependent planning.

8. Estate planning.

9. Implementation & monitoring.

Links & references:

Mint.com (budget & net worth tracking)

https://www.garrettplanningnetwork.com/about/how-to-choose-an-advisor/ (hourly fee planners)

https://www.personalcapital.com (account aggregator)

https://www.m1finance.com/ (low cost banking & investment site)

https://www.ramseysolutions.com/ramseyplus/everydollar (excellent app, but costs $129/year)

https://www.amazon.com/Financial-Planning-Workbook-Comprehensive-Successful/dp/1736696106/ref=asc_df_1736696106/?tag=hyprod-20&linkCode=df0&hvadid=508977995883&hvpos=&hvnetw=g&hvrand=3393154733505220407&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9020369&hvtargid=pla-1276140814717&psc=1. (Planning workbook)

DISCLAIMER

Find your road to freedom website, blog and related podcasts are provided for general information purposes only and do not constitute accounting, legal, tax, or other professional advice. Visitors should not act upon the content or information found here without first seeking appropriate advice from an accountant, financial planner, lawyer or other professional.