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.
| Your Short-Term Financial Planning Activities | Resources |
| 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
www.money.com
www.kiplinger.com |
| 2. Set financial goals related to various current and future needs. | PFP Sheet 3
http://financialplan.about.com
|
| 3. Monitor current economic conditions
(inflation, interest rates) to determine possible actions to take related to your personal finances. | PFP Sheet 4
www.federalreserve.gov
www.bls.gov |
| Your Long-Term Financial Planning Activities |
| 1. Based on various financial goals, calculate the savings deposits necessary to achieve those goals. | PFP Sheet 5
www.centura.com/tools |
| 2. Identify various financial planning actions for you and other household members for the next two to five years. | Text pages 20–25
www.moneycentral.msn.com |
