What Is Financial Planning

Financial planning is the long-term process of wisely managing your finances so you can achieve your goals and dreams, while at the same time negotiating the financial barriers that inevitably arise in every stage of life. Remember, financial planning is a process, not a product.


Create a Sound Financial Plan


Step 1 – Establish Goals

Step 2 – Gather Data

Step 3 – Analyze & Evaluate Your Financial Status

Step 4 – Develop a Plan

Step 5 – Implement the Plan

Step 6 – Monitor the Plan & Make Necessary Adjustments


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