A short summary of the podcast for this chapter (taken from Financial Decoder) Financial planning is an
Question:
A short summary of the podcast for this chapter (taken from Financial Decoder)
"Financial planning is an ongoing, iterative process. But it always starts with identifying and defining goals.
• Why are you saving money?
• When do you plan to retire?
• How much do you spend now?
• Are you saving for college?
Listen to this podcast and think about goals you have for yourself.
The more specificity that can be added to each goal, the more likely it is to be achieved.
• Do you have financial goals?
• Did this podcast inspire you to think differently about setting goals?
• Are some of your goals highlighted on your vision/action board?
No matter your stage in life, whether you are just starting out saving and investing or are well into your working years with a plan already in place, you need to evaluate your goals regularly. Our circumstances in life often change and so should our plans."
Submit a short paragraph relating to these questions after listening to the podcast.
https://www.schwab.com/resource-center/insights/content/financial-decoder-season-8-episode-3
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker