FINANCIAL PLANNING TOOLS AND INFORMATION
Phase 1 is based on note taking, document gathering, and deep thought.
Phase 2 is based on the actual written plan
Step 1. Create and review a financial plan.
Step 2. Organize your financial records.
Step 3. Calculate your net worth.
Step 4. Establish a spending range.
Step 5. Build an emergency fund.
Step 6. Reduce or minimize consumer debt.
Step 7. Draft four, key estate-planning documents.
Step 8. Obtain adequate insurance.
Step 9. Develop a written Budget.
Step 10. Develop a expenses report.
Step 11. Log down current and future action to eliminate poor credit report items.
Step 12. Develop a written action for retirement, investing and savings.
Step 13. Establish the best Insurance rates for your situation.