Where & how does one start financial planning for onself?
Please suggest an approach / road map, steps to financial planning that is executable by a salaried individual. I would like to avoid any middlemen or agents.
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Your public library. The first book I would recommend is called "The Automatic Millionaire". It is nothing groundbreaking or new. I can’t believe this guy got rich off of writing these books. I would never buy one of his books. But I read them at the library. It is full of 100% common sense. Very important common sense. Follow it.
Don’t try anything that involves "tricks", paying someone else to predict the future for you, or anything like that. (You can predict the future just as well as the professionals.) Personal finance is indeed 100% common sense.
educate yourself.
Take advantage of your 401K if you have one. If not, learn about IRAs (both traditional and roth). If you are young, you can get a good head start on your retirement savings.
As for other financial goals, you’ll either need to talk to someone for advice, or really just read and learn a lot.
Another tip. Don’t be dumb with your money.
http://finance.yahoo.com/education
http://www.cnbc.com/
http://money.cnn.com/
3 good web sites that should give you access to all the info you would ever need.
http://www.wealthybarber.com/
The one book to read if you are interested in lifelong financial planning.
Good luck
I think I would start at the local library. They have books (free) that would supply you with ideas of where to begin. At some point you may need some additional professional advise, but there is a lot of information out there to get you started.