Part 2: Personal Financial Planning, History, Process and Options
Financial Planning Defined: The devising of a program for the allocation and management of finances and capital through budgeting, investment, etc. In other words, it is the process of meeting your life goals through the proper management of your finances. Financial Planning Trends: Financial planning has been an emerging profession for about the last 30 years. Prior to… Read More »
Part 1: Basics of Financial Planning – What is Personal Financial Planning?
Personal Comprehensive Financial Planning: A financial plan serves as an ongoing master plan for your money. It also serves as a cornerstone for decision making throughout your life. All of life’s decisions affect our finances; education, home purchases, vacations, and children, and a multitude of choices also have an affect on college planning, retirement, etc. A financial plan should… Read More »