Sunday, January 19, 2014

January 17 - Online Discussion Question 2

What are some of the major components of a healthy financial plan and why are they important?

12 comments:

  1. One major component of a healthy financial plan is a cash flow plan.

    Autumn

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  2. a written budget is a necessary item to a healthy financial plan

    travis

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  3. A budget because it helps you know what you are paying for and how you paid for it.

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  4. A budget is most definitely necessary for a financial plan. Budgets help you see where your money is going, giving you more control over your money.

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  5. A budget will help you plan out what you will spend your money on and gives you some thing to compare to at the end of the month. A budget also gives you a written "law" to follow and not a thought "law" that can change when ever you feel like it.
    adam

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  6. A will or an estate plan is a necessary part of a healthy financial plan. Simply, this is just a will to handle your things once you have passed. This is so important because it gives you a peaceful of mind about your estate and possessions once you are gone and because your family won't have to do a ton of distressing legal work concerning your possessions.

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  7. A budget, it keeps you from over spending and figures out exactly how much you are spending on everything. it helps you prioritize your money as well.

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  8. A budget is an important item to a healthy financial plan because it helps you assign your money to specific things. Also, it helps you not over spend.

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  9. A budget, a cash flow plan, and an official will are all major components of a healthy financial plan.

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  10. Budget, will, cash flow plan are all major things that you must have.

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  11. A budget is a huge part of of a healthy financial plan.

    eyezik

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  12. Will, budget, and cash flow are major parts of healthy financial plan.

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