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Financial Planning Basics
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A financial plan helps you evaluate your current assets
and debts, identifies the things you want or need, and lays out a strategy to pay
for them. Read Financial Planning
to help you develop a plan.
To get to the bottom of Your Net Worth,
an essential part of financial planning, you’ll need to analyze your assets
and liabilities, or debt. If you're using money that could otherwise go into
your investment account to pay interest accumulating on old debts, take a hard look
at your budget in Managing Debt.
With a financial plan in hand, you can focus on
Getting The Money Together to make your first investment. You’ll also
learn about building investment accounts by reinvesting your earnings.
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