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What are the steps involved in the financial planning process?

The steps:

Establishing your current financial state Collecting the desired goals Analysis of any alternatives Develop the alternatives Implement the action plan Review the plan

Step-by-step explanation:

The steps involved in financial planing are;

Knowing your current financial state Coming up with financial goals Determining alternative courses of action Evaluating the alternatives Creating and implementing the action plan Reevaluating and revising the plan