Which Activity Is Part Of Personal Financial Planning? Planning for retirement is one of the most important parts of personal financial planning. Municipal budget and disaster relief funds are both the responsibilities of the government, but retirement is personal expense. What is involved in personal financial planning? The financial planning process is a logical, six-step
What Are The Basics Of Personal Finance? The basics of finances include the process of managing your money and how you make use of the funds you are generating. Finances include a collection of areas like credit, investing, banking, assets and liabilities, and more. Each being essential to your overall financial health. What are the
What Are Three Areas Of Money Management? budgeting. banking and saving. paying taxes. investing. managing debt. retirement planning, and. estate planning. What are the 3 major money management activities? Storing and maintaining personal financial records and documents. Creating personal financial statements (balance sheet and cash flow statements of income and outflows). Creating and implementing a