“My money are mine – how can I manage my budget – basics of finance“

Action Plan

The development of the ACTION PLAN, the steps I need to take , starts with the selection of the PRIORITIES and the associated OBJECTIVES ( what I want to achieve).

For the development of the action plan the most important thing is to establish a strategy to increase the personal net worth and then to put this strategy into practice.Financial objectives and strategies have resulted when they are part of a plan in which priorities are correctly set.

To set financial priorities we can design the Pyramid of Financial Priorities: