Personal Financial Planning: A Comprehensive Approach to Achieving Financial Stability

Authors

  •   Nachiket Vijay Deodhar Assistant Professor, DVVPF’s IBMRD, Ahilyanagar

DOI:

https://doi.org/10.17697/ibmrd/2025/v14i1/174299

Keywords:

Financial Planning, Wealth, Financial Stability, etc.

Abstract

Personal financial planning is a crucial aspect of individual financial management. This paper provides an overview of personal financial planning, its importance, and the steps involved in creating a comprehensive financial plan. It also discusses various financial planning tools and techniques, investment options, and risk management strategies.

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Published

2025-06-03

How to Cite

Deodhar, N. V. (2025). Personal Financial Planning: A Comprehensive Approach to Achieving Financial Stability. IBMRD’s Journal of Management & Research, 14(1), 102–104. https://doi.org/10.17697/ibmrd/2025/v14i1/174299

Issue

Section

Articles

References

1. Kapoor, J. R., & Dlabay, L. R. (2017). Personal finance. McGraw-Hill Education.

2. Gitman, L. J., & Joehnk, M. D. (2015). Personal finance: An integrated planning approach. Cengage Learning.

3. Buffett, W. E. (2013). The essays of Warren Buffett: Lessons for corporate America. Cunningham Group.

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