The flowchart reads as follows:
Assess Your Current Financial Condition
Identify where your money comes from.
Identify where your money goes.
Prepare a personal balance sheet to determine your net worth.
Develop Your Financial Goals
Specify activities or items you want to save for.
Identify how much you need for each item and activity.
Identify the timing for accomplishing each goal.
Identify a Plan of Action
Identify sources of cash, amounts from each source, and timing of inflows.
Identify uses of funds, amounts needed, and timing of outflows.
Make spending conform to affordable limits.
Implement Your Financial Action Plan
Perform the planned actions. Track your spending. Make it conform to plans. ...