FINANCIAL PLANNING IN HOUSEHOLDS: MODELS AND TOOLS

Abstract

This article analyzes the main models and tools of financial planning in households. Financial planning plays a crucial role in effectively managing household income and expenses, making investment decisions, and ensuring future financial stability. Studies show that tools such as budgeting, expense tracking, and investment portfolio management help improve financial stability. Moreover, the article examines financial planning models, including the classical budget model, needs-based model, and digital financial tools, highlighting their advantages and practical applications.