4 Parts of a Simple Financial Plan

The four (4) pieces and aspects of a simple, basic financial plan. Learning and understanding these can help with wealth accumulation and growth, and are essential for most personal finance goals.

Get $50 free to invest when you open and fund $100 to an M1 account: https://m1.finance/6DsN-MGZ-HMD

A financial plan doesn't have to be complex. It should be simple, as that will make it easier to follow. Here are the four main pieces of a simple financial plan:

1. Emergency Fund/Savings
2. Debt Payoff Plan
3. Retirement Planning – or Investing
4. Risk Management – or Insurance
BONUS: Spending Plan – or Budget

I go into more detail on each of these in the video, but will also put out more videos to dive deeper into each.

Be sure to like this video and subscribe to my channel if you haven't! It only take you a second, but it helps me out a lot, so thank you!

Connect with me on Twitter or Instagram!
@MarkPWealth

DISCLAIMER: Mark Palmer, including but not limited to any guests appearing in his videos, is not a financial/investment advisor, broker, or dealer. He is solely sharing his personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Mark Palmer’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

Affiliate Links Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, Mark Palmer may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact Mark Palmer’s opinions and comparisons.

Тэги:

#financial_plan #financial_planning #simple_financial_plan #basic_financial_plan #personal_financial_plan #personal_finance_tips #personal_finance_goals #emergency_fund #emergency_savings #debt_payoff_plan #retirement_planning #retirement #retirement_savings #investing #risk_management #risk_mitigation #insurance

Скачать видео