Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, retirement planning, and tax and estate planning. As the below flow chart suggests, Flowcharts use special shapes to represent different types of actions or steps in a process. Lines and arrows show the sequence of the steps and the relationships among them. These are known as flowchart symbols. You can use EdrawMax Online to create similar-looking flowcharts. The free flowchart maker comes with over 26,000 symbols and even lets you create your own flowcharts that can be saved in your own library. As the below UK personal finance flowchart illustrates, there are five major areas: saving, investing, financial protection, tax planning, and retirement planning.