255x Filetype PPT File size 2.59 MB Source: www.allenisd.org
Write a paragraph on why should you
know how to plan your personal
finances even if you can hire a financial
planner?
Key Terms
Personal financial Economy
planning Supply
Goals Demand
Values Federal reserve
Opportunity costs System
Liquidity Inflation
Service Consumer
Good interest
economics
Personal Financial planning:
Is arranging to spend, save, and invest
money to live comfortably, have
financial security, and achieve goals
Goals—the things you want to
accomplish
There are six steps to financial planning
to help you achieve your goals.
Make a list of items that relate to your
current financial situation such as:
Savings
Monthly job income
Monthly expense
Debts(money you owe)
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