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Business and Economics Journal

ISSN: 2151-6219

Business and Economics Journal

Financial plan

Financial plan

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Financial plan

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Financial plan is a comprehensive evaluation of someone's current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings.

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