PLANNING YOUR FINANCES

Financial planning is the process of determining your financial goals and how you will reach them. It's essential, no matter how much money you have, because your financial plan keeps you in charge of your money and your life.

Financial planning is not a one-time activity. It% an ongoing process Ideally, you start your financial planning early in life so you dont have to worry about money after you stop working. If you are getting a late start a good financial plan will help you catch up. Continue your financial planning after you stop working to make sure your income lasts as long as you need it.