To develop a financial plan,one should

Question

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To effectively develop a financial plan, it is important to identify specific, realistic goals that are measurable, have a time frame and an action plan. This allows for a clear path towards achieving those goals. It is also important to consider income and life situation when setting goals, but not to let those factors limit the potential for growth and progress. Short-term, intermediate, and long-term goals can all be set simultaneously, but it is important to prioritize and focus on the most important goals first.

To Develop a Financial Plan,one Should