I define financial planning as the information gathering, plan structuring, and wise plan implementaion necessary to improve you financial position on both short and long term bases.
Yes, I have a financial plan. I am currently implementing the Financial Peace University plan, a biblically-based plan put together by Dave Ramsey. The plan stresses a non-borrowing, disciplined approach to emergency preparation, major purchase/expense preparation and wealth-building.
Yes, I do. As a matter of fact, I have crafted some strategies that assist my efforts, including detailed savings and expense monitoring, and consumer price awareness plans.
I am currently eliminating my last $2000 in debt. I have stayed true to my resolve to not borrow again for 3 years and running. I have become excellent at cost cutting over the last two years and excel at cost awareness. I'm just a soon to be divorced father who wants to do well in taking care of his family.