Effective Strategies For Personal Money Management

Topics:
Asset Management
Tags:
Finance,
Financial,
Financial Accounting,
Financial Plan,
Strategy,
University Of Rhode Island
Source:
University of Rhode Island

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Overview: The key to successful money management is developing and following a personal financial plan. Research has shown that people with a financial plan tend to save more money, feel better about their progress, and make more appropriate decisions - no matter what their income. Moreover, a written financial plan is far more effective than a mental one. Seeing your plan in writing helps to remind you about what actions are necessary to reach your goals and it helps you to check your progress more easily than relying on memory alone.

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Format: PDF | Size: 317KB | Date: May 2004 | Pages: 11

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