Site MapHelpFeedbackCreating a Financial Plan
Creating a Financial Plan
(See related pages)

Starting Your Financial Plan

Planning is the foundation for success in every aspect of life. Assessing your current financial situation along with setting goals is the key to successful financial planning.

Short-Term Financial Planning ActivitiesFinancial Planning Websites
1. Prepare a list of personal and financial information for yourself and family members. Also create a list of financial service organizations that you use.PFP Sheets 1, 2
2. Set financial goals related to various current and future needs.PFP Sheet 3
3. Monitor current economic conditions (inflation, interest rates) to determine possible actions to take related to your personal finances.PFP Sheet 4
Long-Term Financial Planning Activities
1. Based on various financial goals, calculate the savings deposits necessary to achieve those goals.PFP Sheet 5
2. Identify various financial planning actions for you and other household members for the next two to five years.Pages 11–12, 24





To learn more about the book this website supports, please visit its Information Center.
(c)2004 McGraw-Hill Higher Education
Any use is subject to the Terms of Use and Privacy Policy.
McGraw-Hill Higher Education is one of the many fine businesses of The McGraw-Hill Companies.


Personal FinanceOnline Learning Center

Home > Chapter 1 > Creating a Financial Plan