Financial planning pyramid diagram. This is one of the top business frameworks helping clients improve on their approach to strategy, project management, IT, HR, internal processes and client experience.See below image for the Financial planning pyramid diagram. If you’re not sure how to plan ahead, take a look at the Financial Planning Pyramid. This widely accepted and simple tool can help you create a financial plan that is built on a solid foundation. The pyramid illustrates which financial matters you should address first: debt reduction, insurance needs, a properly drawn will and an emergency fund.
1 Insurance#N#This is the most vital component in a financial risk pyramid. Insurance gives you the protection you need… 2 Savings#N#This is the stage where most people jump into, which shouldn’t be.#N#If you want to create a solid foundation… 3 Wealth Building and Preservation More …
If you climb the financial pyramid in the specific order and one level at a time you will have a solid financial plan and be able to weather short periods of financial hardship without jeopardizing long term goals.