If you want to achieve financial freedom, you must create a plan. Without a personal finance plan, you will never know if you are deviating from the track.
Why do you need a personal finance plan?
A plan empowers you to take action and improve your financial situation. Additionally, a plan can make your life more organized and meaningful, benefiting everyone.
According to a survey by CNBC, 75% of Americans improvise when it comes to financial planning. Not having a crisis is the biggest crisis. Are you one of them?
Creating a personal financial plan is an investment in yourself and your future. And you don't need to consult expensive Certified Financial Planners.

If you follow these 7 steps diligently, you can quickly create your own personal financial plan.
The 7 steps to create a personal financial plan are:
1. Write down your goals
2. Calculate your net worth
3. Establish an emergency fund
4. Determine a realistic budget.
5. Eliminate bad debts.
6. Take advantage of tax incentives.
7. Start investing.
1. Write down your goals.
Personal financial planning is similar to solving a puzzle. These puzzles represent aspects such as expenses, shopping, debts, investments, and other aspects of your financial situation. Each puzzle piece represents your goals.
To solve this puzzle, you need to accurately piece together each part.

This is the correct personal finance mindset. I have already mentioned in an article about wealth creation...