Associate Level Material
Personal Financial Planning Worksheet
Directions: Based on your readings and discussions in class this week, answer the following questions completely.
The process of creating a detailed plan to meet your financial needs and prepare for the future is called:
Personal financial planning.
Collecting financial information.
Which of the following is not one of the five major steps of the financial planning process?
Analyze your current finances.
Establish and implement your plan.
Collect and organize your financial information.
Reevaluate and revise your plan as needed.
Which phase in life is ...view middle of the document...
Which step in the five-step financial planning process requires you to organize your financial information, create personal financial statements, and evaluate your current financial position?
Step 1: Analyze your current financial position
Step five in the five-step financial planning process...