Persönliche Finanzplanung

The book "Personal Financial Planning" is aimed at anyone who wants to manage their own financial affairs independently or advise others in this area. It provides a comprehensive introduction to the fundamental models and methods of financial planning and illustrates their application through practical examples. A central element of the book is a phase concept that supports the individual planning process and is based on the human life cycle. This concept serves as a helpful navigation tool for making informed financial decisions. Readers will also find an easy-to-understand guide for the practical implementation of the presented concepts. The current edition includes new solutions for cash management as well as stochastic questions and offers an extensive glossary for further exploration of the topic.