Personal Financial Plan Step Four - Implement the Plan
- Start tracking your income and expenses using a budget form, spreadsheet software like Excel, or a computer program like MS Money.
- Research investments that fit your risk tolerance and begin investing on a regular basis. You can do this online or through a broker. You'll pay more using a broker but there are several low-cost online brokers with good reputations that you could use instead of a full-service broker.
- Personal Financial Plan Step One - Assess Where You Are Now Financially
- Personal Financial Plan Step Two - Determine Where You Want To Be Financially
- Personal Financial Plan Step 3 - Design a Plan To Reach Your Goals
- Personal Financial Plan Step Four - Implement the Plan
- Personal Financial Plan Step Five - Monitor the Plan
