financial plan
Spending and saving
A financial plan is a strategy for managing money to achieve specific goals—typically covering budgets, savings, investments, and retirement.
Unlike a simple budget, a financial plan looks at the bigger picture over time: We sat down with an advisor to create a financial plan.
The term appears often in professional contexts, where advisors help clients map out long-term wealth building and protection.
- budgetPlan for spending
- cash flowMoney entering and exiting
- savingsAccumulated money kept
- rainy dayPrecipitation-filled twenty-four hours
- retirementLeaving the workforce permanently
golden years · investment · risk tolerance · portfolio · goals · wealth · strategy · advisor · forecast · assets · debt · net worth · income · expenses · security · peace of mind · nest egg · long term
- personal financesavings, income, credit, investments, bills
- financial planningbudget, investment, portfolio, investment advice, savings
- business planexecutive summary, market analysis, business model, mission statement, competitive advantage
- financial documentsinvoice, receipt, check, bill, deposit slip
- guidesguide, research guide, guidebook, tour guide, hiking guide
- personal planninggoals, budget, calendar, schedule, to-do list
financial planimpulse buying
Unplanned purchase decision
living paycheck to paycheck · flying by the seat of your pants · winging it · retail therapy
financial planliving paycheck to paycheck
Earning only enough for immediate expenses
financial, financially, finance, finances, financed, financing, financier, financiers, plan