Personal Financial Management - Anzelc and Associates Inc

115 Pages·2009·0.86 MB·English

Personal Financial
Management
anzelcandassociates.com
Personal Financial Management
This presentation covers the basics of personal financial management.
It is very to the point, realistic and easy to understand. You will
learn:
anzelcandassociates.com
Personal Financial Management
This presentation covers the basics of personal financial management.
It is very to the point, realistic and easy to understand. You will
learn:
ƒ Budget development based on income and goals
anzelcandassociates.com
Personal Financial Management
This presentation covers the basics of personal financial management.
It is very to the point, realistic and easy to understand. You will
learn:
ƒ Budget development based on income and goals
ƒ Money management and decision making
anzelcandassociates.com
Personal Financial Management
This presentation covers the basics of personal financial management.
It is very to the point, realistic and easy to understand. You will
learn:
ƒ Budget development based on income and goals
ƒ Money management and decision making
ƒ Insurance coverage and saving money
anzelcandassociates.com
Personal Financial Management
This presentation covers the basics of personal financial management.
It is very to the point, realistic and easy to understand. You will
learn:
ƒ Budget development based on income and goals
ƒ Money management and decision making
ƒ Insurance coverage and saving money
ƒ The wise use of credit including credit scoring and the cost of
credit
anzelcandassociates.com
Personal Financial Management
This presentation covers the basics of personal financial management.
It is very to the point, realistic and easy to understand. You will
learn:
ƒ Budget development based on income and goals
ƒ Money management and decision making
ƒ Insurance coverage and saving money
ƒ The wise use of credit including credit scoring and the cost of
credit
ƒ Your rights as a consumer and how to protect your identity
anzelcandassociates.com
Budget Development
anzelcandassociates.com
Budget Development
Budget development is the basis of any well thought out financial
plan. The cornerstone to a good budget includes the following:
• Establishing financial goals
• Calculating income
• Tracking your spending
• Classifying expenses
• Establishing a realistic budget
• Sticking to your budget
• Periodic review of your goals and budget
anzelcandassociates.com
Establishing Financial Goals
The first step in financial wellness is establishing
financial goals. Establishing your goals is the conscious
effort of examining, defining and writing down what
you want to achieve both financially and personally.
Once you have established your goals you can then
proceed in designing a plan and budget that will help
you achieve your goals.
In designing your plan you will need to prioritize goals
as well as break them down into long-term and short-
term with associated action items. This plan is the
roadmap to goal achievement.
anzelcandassociates.com