answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How does financial planning affect the individual?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which economical factors affect financial planning?

Financial Management, planning, stock ready to soar, and items of that nature.


What services are provided by Skylight Financial?

Skylight financial offer the individual specialized financial planning help. Skylight offer an overdraft service, financial planning service, financial over view to help a clients manage their finances.


Define Financial Manager?

A financial manager is an experienced individual responsible for providing sound financial advice to clients. The financial manager may work within a banking environment, private institution, or financial planning firm.


How does financial planning incorporate investment planning retirement planning and estate planning?

How does financial planning incorporate investment planning, retirement planning, and estate planning


Do you believe that financial planning is something that should be done actively?

Financial planning is something that should always be done. It doesn’t necessarily have to be done actively, but it should always be a priority. This is different from financial planning. Financial planning is something that you do actively, such as the creation of a long-term budget, individual retirement accounts, or a family budget. Financial planning always comes first. It should not always come first if you are in a financial crisis and are focusing on getting out of debt. However, financial planning should always be a priority in some way, shape, or form. It doesn’t have to be a top priority, but it should always be made a priority, no matter what the circumstances are.


Will adding a second major affect your federal financial assistance?

If you are taking a double major it should have no affect. If you already have a bachelors degree, and now planning to the another degree, then you will not qualify for financial aid assistance.


Which are some benefits of having a college degree that can affect your financial planning?

The ability to receive promotions and wage increase


What are the advantages of family planning on an individual's family?

financial resources would be able to provide the economiic needs of the family members


What are the advantages of family planning on an individual family?

financial resources would be able to provide the economiic needs of the family members


What does a certified financial planner actually do?

Financial Planners are the ones who deal in resolving financial issues by making a financial plan like cash flow management, education planning, retirement planning, investment planning, estate planning, tax planning, insurance planning, risk management, and business succession planning for business owners. A financial planner must already finished his/her CFP certification program so he/she can practice his/her skills and knowledge in the field of financial planning.


What is the first step in the financial planning process?

The first step in the financial planning process is to determine your current financial situation.


Where can one go to get a certified financial planning consultant?

Certified Financial Planning consultants are widely available at many brokerage firms and financial planning agencies such as Financial Planners Respond or Smart Money.