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Explore the key aspects of personal finance, including budgeting, investments, and retirement planning. Learn about the financial planning process, from assessment to goal setting and creating a plan. Discover how to monitor and execute your financial goals effectively.
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Personal Financial Management Robert Smith
Contents • What is Personal Finance • Personal Financial Planning Process • Focus Areas • Activities of Consumer • Conclusion
What is Personal Finance • Personal finance is the financial management of an individual or family. • This includes budgeting, investments, and retirement planning.
Personal Financial Planning Process This shows the financial planning process Assessment Goal Setting Creating a Plan Monitoring Execution
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