How to Create a Financial Plan

Creating a financial plan can be a complicated process, but at its essence it composes of a few key steps:

1. Map out all your financial incomings and outgoings.

2. Map out all your assets and liabilities’.

3. Create a few financial goals for you to work towards over the next year.

4. Create some personal goals for you to fulfil over the next year.

We have created a google docs template which you can fill out with all your own personal information, we suggest doing this on a yearly basis to have a full understanding of how your finances progress.

We have also created a full video walkthrough of how you fill out each step in the template with a full explanation of the financial terminology to make this document accessible to anyone regardless of their financial education.

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You can access them here:

- The google document for planning your fiances:

https://docs.google.com/spreadsheets/d/11tZ1vF6JwOFrbmjtNVyy82XK_EZX

OHUpw4HeFNBr-Fc/edit#gid=0

- The video walkthrough:

https://www.youtube.com/watch?v=LLVZRpn3EZI&t=185s

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We hope this has helped you create a plan for your finances, for more articles to boost your financial knowledge visit https://www.eccuity.com/resources. Or to view more help articles visit https://eccuity.tawk.help/

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