STEPS FOR PERSONAL FINANCIAL PLANNING

Success in personal finance is not a sprint, but a journey. If you don't start, you can never accomplish anything. The basic steps to implement personal financial planning are as follows:

Step 1: Set future financial goals

• What are the financial goals you want to achieve in the future?

Bước 2: Evaluate the current financial situation

• Amount of savings, investments, loans?
• Net asset value?

Bước 3: Prepare financial plans

• How to achieve financial goals?
• How to save money monthly?
• Learn investment channels that can generate higher profits?

Bước 4: Choose your plan and do it

• Advantages and disadvantages of financial plans?

Bước 5: Monitor and evaluate the implementation of financial plans

• Is your financial plan working?

Bước 6: Monitoring and editing financial plans

• Do you want to change the goal?
• Need to adjust the plan to achieve the set goals?