# Financial
Planning is defined as the process whereby an individual's personal and financial
goals are achieved through the development and implementation of a
comprehensive financial plan.
# Financial
Planning is not just about making Money. It's about buying/achieving all the
goals of a person and creating opportunities to
achieve your goals.
achieve your goals.
# Financial
Planning is a process that helps individual meet their life goals through
proper management of financial resources.
# Financial
Planning is a plan to save and spend future income.
# Financial
Planning is a critical exercise in ensuring long-term financial security to
live a tension free life.
Scope of Financial Planning
Financial
Planning covers all aspects of personal finance topics including
- Investment Planning – Planning, Creating and management of capital accumulation for reinvestment and spending
- RetirementPlanning – Financial Independence Planning on Retirement
- InsurancePlanning and Risk Management – Planning against cash flow risks through effective financial management and insurance techniques
- TaxPlanning – Planning for reducing tax liabilities & using the reduce tax amount for other useful purpose
- RealEstate Planning – Planning for accumulation, conservation and distribution of assets
- Cash Flow and Liability Management – Maintenance and enhancement of personal cash flows through a multiplicity of channels including debt control and maintenance of lifestyle.
Personal financial planning helps you to access your complete financial pictures like investments, income taxes to determine your financial plans.
ReplyDeletePersonal financial planning
Personal financial planning is the growth of systematically planning your finances towards achieving your long-term life and short-term life.
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ReplyDeleteThe Financial Planning activity involves calculating the total cost of each type of resource.
Handling every aspect of your financial life, and allowing you unlimited consultations.
You are welcome to meet or call us as often as you would like to discuss any topics of concern. While we typically meet face to face a few times a year to prepare your tax return and update your financial plan, we may meet as often as necessary for you to feel comfortable with your progress toward your financial goals.
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