At International College of Financial Planning , the intellectual bandwidth of the prospective financial gurus is upgraded by exposing the students to the appropriate consolidation of courses and training. T
What is Financial Planning? How does the financial planning process work?
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What Is Financial Planning?
Financial planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a home, saving for your child’s education or planning for retirement. The financial planning process involves the following steps:
Gathering relevant financial information
Setting life goals
Examining your current financial status
Coming up with a financial strategy or plan for how you can meet your goals
Implementing the financial plan
Monitoring the success of the financial plan, adjusting it if necessary
Using these steps, you can determine where you are now and what you may need in the future in order to reach your goals.
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