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Q: What are importance of financial planning?
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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.


Importance of formality in strategic planning?

Strategic accounting uses the structure and formality of strategic activities in order to have a balance of both financial and non-financial information to promote strategic processes. A high degree of organization is needed in accounting or critical mistakes can occur in strategic planning can occur.


When was First Command Financial Planning created?

First Command Financial Planning was created in 1958.


What are some benefits of retirement financial planning?

Some benefits of retirement financial planning include pensions, ensure future financial, provide information on financial planning, and many more. It really benefits the elders.


What is the importance of planning to an organization?

of what importance is planing to an organisation