Posted: April 23rd, 2016

Develop financial plans and strategies to achieve goals.

Describe how you will implement each part of your strategic plan. Include your budget, savings strategy, short term investment plans, tax planning strategy, retirement plans, estate plans, housing and transportation plans, and career plans.
Evaluate your goals and how viable you think they are given your personal financial status. What would need to change in order to ensure you can follow the plan you have created. Include at least three alternative goals and three refinements you could make to your personal financial plan.
Use the six steps:

1. Define financial plans
2. Develop financial plans and strategies to achieve goals.
3. Implement financial plans and strategies.
4. Periodically develop and implement budgets to monitor and control progress toward goals.
5. Use financial statements to evaluate results of plans and budgets, taking corrective action as required.
6. Redefine goals and revise plans and strategies as personal circumstances change.