Meaning of the word "financial strategy" in English

What does "financial strategy" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

financial strategy

US /faɪˈnænʃəl ˈstrætədʒi/
UK /faɪˈnænʃəl ˈstrætədʒi/

Noun

a plan of action designed to achieve a long-term financial goal, such as managing assets, liabilities, income, and expenses

Example:
Developing a sound financial strategy is crucial for long-term business success.
My personal financial strategy includes saving a portion of my income every month.