Principal Components of Your Financial Plan

In order to win with your money, you need to have a plan of attack for your finances.

It won’t happen by accident.

Financial success requires that you are steadfast in executing and monitoring each step of your financial plan along the way.

As the great Zig Ziglar said: “If you do the things you need to do when you need to do them, then someday you can do the things you want to do when you want to do them.

In order to help you, I have created a quick reference for you containing the principal components of your financial plan.

The plan components are grouped around 4 major categories:

Build a Firm Foundation: Get your money under control so you can be positioned to win.
Protect Your Household: Manage the risks to your finances.
Plan For the Future: Think about long term goals.
Be a Generous Giver: Self -explanatory.

For each financial plan component, you will find relevant posts as well as useful resources. If you have questions, get in touch with me any time.

I want you to win with your money and be able to dream again. Start today!

Financial Plan Components

Build a Firm Foundation
Plan Component	Relevant Posts	Resources
Establish a Monthly Budget	The Recipe for a Great Budget	Budget Template Budget Guidelines
	Budgeting Help: The Envelope System
	Budget Priorities: Protecting the Four Walls
Eliminate Consumer Debt	6 Steps To Debt Freedom	Debt Snowball Template
	Why I Don’t Use Credit Cards
	Why do we stay in Debt?
Protect Your Household
Plan Component	Relevant Posts	Resources
Emergency Savings	The Blessings of Learning to Save Money	Savings Guidelines
	15 Tips for Saving Money
	The Remedy for the Debt Disease: Learning To Save Money
The Role of Insurance	7 Required Types of Insurance	Zander: Life & ID Theft Insurance Wise Insurance Group
Plan for the Future
Plan Component	Relevant Posts	Resources
Save for Retirement	How I Am Preparing For Retirement	Retirement Calculator
Save for College Expenses	College Savings	Dave Ramsey’s College Planning Guide
Save for College Expenses	College Savings	Book: Debt- Free U
Prepare a Will	3 Reasons You Should Prepare a Will	On-line Will Preparation
Pay off the Mortgage	Time to Buy a House?	Mortgage Calculator
Be a Generous Giver
Plan Component	Relevant Posts	Resources
Giving should always be part of your financial plan.	10 Stewardship Questions	Book: Thou Shall Prosper
	The Purpose of Wealth
	Generosity as a Lifestyle