Five important steps to financial planning process:
1. Evaluate your financial health
2. Define your financial goals
3. Develop a plan of action
4. Implement your plan
5. Review your progress, reevaluate and revise your plan.

Ten principles of personal finance:
1. The best proyection is knowledge
2. Nothing happens without a plan
3. You can earn interest on any money you receive
4. Taxes affect personal finance decisions
5. Stuff happens, or the importance of liquidity
6. Waste not, want not, smart spending matters.
7. Protect yourself against major catastrophes
8. Risk and return go hand in hand.
9. Mind games and your money
10. Just Do It!



Leave a Reply.