Many people tend to be indecisive about how they handle their money. A passive approach like this can hinder sustainable growth in their income. It can also lead to great losses should they fail to take their finances seriously. This particular problem usually arises from the lack of a financial plan. A financial plan involves plotting out ones financial goals and devising a strategy to achieve them. This is most often most useful for investors and those trying to create passive income by investing in one or more asset classes. For example, a crypto investor with a Monero wallet may have...
source: https://tokenpost.com/4-Key-Components-of-an-Effective-Financial-Plan-9554
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