If you want to achieve financial freedom, you must make a plan. If you don't have a personal financial plan, you'll never know if you're off track.Why do you need a personal financial planPlans make you more motivated and can improve your financial situation. In addition, planning can make your life more planned and meaningful, and everyone can benefit from it.According to a survey by CNBC, 75% of Americans improvise in their financial plans. No crisis is the biggest crisis. Are you one of them?To make a personal financial plan is to invest in yourself and in the future. And there is no need to consult an expensive chartered registered financial planner.CymbalIf you follow these seven steps carefully, you will soon be able to create your own personal financial plan.7 steps to develop a personal financial plan:1. Write down your goals.two。 Calculate your net worth3. Establish an emergency fund4. Determine a realistic budget5. Eliminate bad debts6. Take advantage of tax incentives7. Start investing.1. Write down your goalsPersonal financial planning is very much like solving a jigsaw puzzle. These puzzles represent spending, shopping, debt, investments, and other aspects of your financial situation. Every jigsaw puzzle represents your goal.To solve this problem, you need to put the parts together precisely.CymbalThis is the correct mentality of personal finance. I have been in an article on wealth creation.