How do I create a financial plan?
Creating a financial plan can seem like a daunting task, but it's an important step in achieving your financial goals. Here are some steps you can take to create a basic financial plan:

Define your financial goals: Take some time to think about your short-term and long-term financial goals. Examples of short-term goals might include building an emergency fund or paying off credit card debt. Long-term goals might include saving for retirement or purchasing a home.

Assess your current financial situation: Take a look at your income, expenses, debt, and assets to get a clear picture of your current financial situation. This will help you identify areas where you can cut back on expenses or increase your income.

Create a budget: Based on your current financial situation and your financial goals, create a budget that will help you allocate your income towards your goals. Be sure to include a plan for saving and investing in your budget.

Review your insurance coverage: Make sure you have adequate insurance coverage to protect your finances from unexpected events such as a medical emergency or a natural disaster.

Start saving and investing: Determine how much you need to save to achieve your financial goals, and create a plan to invest your savings in a way that aligns with your risk tolerance and goals.

Review and adjust your plan regularly: Your financial situation and goals may change over time, so it's important to review your financial plan regularly and make adjustments as needed.

It can be helpful to work with a financial advisor or planner to create a more detailed and customized financial plan based on your specific needs and goals.
I make ~100,000 dollars a year before tax in the Bay Area. Do you have any advice for me based on my income level on coming up with a financial plan?
Yes, I can give you some general advice on how to come up with a financial plan based on your income level. Here are a few tips:

1. Set up a budget: It is important to understand your spending habits so you can create a realistic budget. This will help you keep track of your expenses and ensure that you're not overspending.

2. Build an emergency fund: You should aim to have at least 3-6 months' worth of living expenses in an emergency fund. This will help you cover unexpected expenses, such as a medical emergency or job loss.

3. Maximize your retirement contributions: Take advantage of your employer's retirement plan or set up an individual retirement account (IRA) to save for your future.

4. Pay down high-interest debt: If you have any high-interest debt, such as credit card debt, focus on paying that down as quickly as possible to avoid accumulating interest charges.

5. Consider investing: If you have extra money after taking care of your emergency fund, retirement savings, and debt payments, consider investing in stocks, bonds, or other assets to grow your wealth over time.

It's also a good idea to consult with a financial advisor who can help you create a personalized financial plan based on your goals and income level.