1. Business & Finance

Guidance For Creating Your Own Personal Financial Plan

From , former About.com Guide

Personal Financial Plan Step Five - Monitor the Plan

  • Use your budget to track your progress on your goals monthly or at least quarterly.
  • Update your Net Worth Statement at least quarterly, but preferably monthly.
  • Make adjustments in spending as necessary if you are deviating from your plan.
  1. Personal Financial Plan Step One - Assess Where You Are Now Financially
  2. Personal Financial Plan Step Two - Determine Where You Want To Be Financially
  3. Personal Financial Plan Step 3 - Design a Plan To Reach Your Goals
  4. Personal Financial Plan Step Four - Implement the Plan
  5. Personal Financial Plan Step Five - Monitor the Plan

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