Financial planing : Basic rule : 11

Implementation of financial plan : 

If you have followed all the basic rules your plan and the strategy is ready.but only planning will not help you if  it is not backed by implementation of the plan.
Implementation is an important aspect of success of any plan.
Here you have to plan a strategy for the implementation of financial plan. How it will go weather you are going to implement it one shot or staggered manner.
You have to priorities  implementation. first priority should be given to Protection then investment reserves and then investment portfolio implementation.
In volatile asset class it is recommended that you should in staggered manner.
You have to build the proper asset class mix and have to follow it.

Monitoring of financial plan : 

You have to keep a periodic check on how the plan is progressing, how the investment portfolio is performing , weather the goals we have planned for are same or changed , do any changes are there in cash flow ................
This will help you in touch with what you have planned and hook you to it.
Monitoring will help you to rectify any deviations from the plan and correct it in right time.
If there is major change you have to build in in your financial plan and if needed have to plan again.