Financial Planning

With the concepts in place, this chapter turns to the practical question of how money is actually arranged: how you set it aside, how you spend it, how you make it grow, how you clear what you owe, and what you will live on when you no longer work. Budgeting, saving, investing, debt, and retirement are not a menu of independent topics but a chain — the later links cannot hold if the earlier ones were skipped. This chapter strings them together in that order.