Category: Financial
Financial planning is a process that helps individuals and families identify their financial goals and create a plan to achieve them. It involves assessing your current financial situation, setting financial goals, creating a budget, and developing a plan to save and invest for the future.
Financial planning is important because it can help you achieve financial security and independence. By creating a plan to manage your money effectively, you can save for emergencies, pay off debt, and invest for your future. It can also help you plan for major life events, such as buying a home, starting a family, or retiring.