Answer:process of preserving and increasing the wealth
Explanation:The Financial Planning Life Cycle
Financial planning cycle outlines to us how one goes about starting to build wealthy,through their lifetime and how are they able to actual preserver what the have accumulated while they keep accumulating more.
It comprises of the following stages the first one being the starting point where one is focused on building wealthy. Second focusing on how one aims at preserving and increasing what they have already accumulated and third stage focuses on how one continues to live and grow from what they have saved.
