Evaluation:
Published: 05.04.2002.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Personal Financial Success', 1.
  • Essays 'Personal Financial Success', 2.
Extract

Using the six-level pyramid to help explain the various building blocks to financial success helps to reveal the development of financial planning and indications, at each level, if instruments that might be considered.
At the first level of the pyramid, there are four stages that need to be considered. Before any phase of an action plan can be implemented, an individual's current situation must be determined. One must evaluate their personal income because the amount of money a makes directly affects the amount that person can save. …

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