The guide "Personal Financial Planning" is aimed at anyone who wants to organize their financial affairs independently or work as consultants in this field. The book provides a comprehensive introduction to the fundamental models and methods of personal financial planning and illustrates their applicability through practical examples. A central element of the work is a phase concept that is aligned with the human life cycle and serves as a helpful navigation tool for financial decisions. The generally understandable action guide allows for easy implementation of the concepts in practice. The current edition also presents new solutions for cash management and stochastic issues, supplemented by an extensive glossary that explains the terminology of financial planning.