Financial Planning Importance Now Days
Over the last few years, we often read conditions like financial planning, personal fund, investment management, pension planning that have surfaced as buzzwords of sorts. Newspapers, blogs, newspapers, television programs and just about every one under sunlight seem to be to be discussing the importance of financial planning. So what is financial planning, moreover, why it is so important? In simple words, Financial Planning FP is the process of meeting your life goals through the proper management of your finances. The procedure of financial planning should help you answer questions such as Where you are today, that is, your present personal balance sheet, where do you want to be tomorrow, that is, money linked to your targets, and what you must do to get there, that is, what you must do to reach your goals. The process will involve gathering relevant financial information, placing life goals such as children education, buying a home, buying car evaluating your presen