financialplan
nounUK /faɪˈnænʃəl plæn/
US /faɪˈnænʃəl plæn/
A plan for how you will save and spend your money.
We made a financial plan to save up for a new bike.
OTHER MEANINGS
2. A written document that shows how a company will earn and spend money over time.
The business wrote a financial plan before asking the bank for a loan.
3. A set of steps to reach long-term money goals like buying a house or retiring.
Their financial plan included saving a little each month for retirement.
4. A guide for deciding how much to spend, save, and invest.
Following a financial plan helped her stop wasting money on snacks.