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Unformatted text preview: attitudes. 7. Securing basic needs is the element of the comprehensive financial plan that focuses on your housing needs, setting aside money for emergencies, and establishing a career path. 8. The economy is unpredictable and can affect your personal financial planning. One factor in economic conditions that may affect your financial future is political unrest and global issues. 9. Step one is to analyze your current financial position. This step in the five-step financial planning process requires you to organize your financial information, create personal financial statements, and evaluate your current financial position. 10. It is important to regularly reevaluate and revise your financial plan because personal circumstances often change. Two life changes that may require you to update your financial plan are marriage and children....
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- Spring '10