Present Situation (evaluate your present financial position (use the financial concepts and theories). Document your present lifestyle choices and indicate the cost of those choices using financial statements.

Vision for the Future: Indicate your life dream use what you have learned from your research; define the financial cost of seeing that dream materialize; rework your budgets, etc., to demonstrate how the choices that you make will help you reach your development goals and the vision. Prepare a new set of financial statements (adjust your short-term financial statements as necessary) to create your medium/long term financial statements.

Strategy and Plans for getting from your present position to your dream position. Use finance concepts as much as possible (eg. Net present/future value, cash flow statements, etc.) to guide your evaluations and to develop a budget for achieving them.

Concluding Statements/Decisions summarize; make decisions about redefining your choices, timelines for reaching your goals, etc.