An Analysis of Personal Financial Planning and Wealth Creation

This study analyzes personal financial planning and its role in wealth creation among individuals. The research focuses on financial awareness, budgeting practices, investment behavior, and long-term financial goals. Data was collected from 52 respondents using a structured questionnaire and analyzed using percentage analysis, descriptive statistics, Chi-square test, and ANOVA. The findings reveal that while a majority of respondents are aware of basic financial concepts and set financial goals, there is a gap in advanced knowledge such as risk understanding and retirement planning. Investment preferences indicate a moderate risk approach with emphasis on long-term growth. The study concludes that financial awareness and disciplined planning significantly influence wealth creation and financial well-being among individuals. Personal Financial Planning, Financial Awareness, Wealth Creation, Investment Behavior, Savings, Risk Tolerance, Financial Literacy, Budgeting, Investment Decisions, Financial Goals, Income, Financial Satisfaction