Not sure how to plan for your future? The financial planning pyramid illustrates how developing a good financial plan should proceed in an orderly fashion and be built on a solid foundation. The pyramid demonstrates which financial planning issues should be addressed first: insurance needs, a properly drawn will, debt elimination and an emergency fund.
As you move up the pyramid (as your financial life moves to higher levels), income protection needs should be replaced by wealth accumulation, with each level having more risk, but with the potential for higher returns.
