financial planning

Financial planning is a systematic approach whereby a financial planner helps a client to maximize his/her existing and future financial resources by utilizing various financial products and tools to save money and achieve his or her financial and life goals.

Financial planning normally involves many aspects of money matters that range from asset allocation, estate planning to insurance, tax strategies and investment selection.

There are many types of financial planning credentials in the industries including: CFP (certified financial planner), ChFC (chartered financial consultant), ChFC (a Chartered Life Underwriter), PFS (personal financial specialist), CFA (chartered financial analyst), CIC (chartered investment counselor), CIC (certified insurance counselor).

Here are some questions you can ask to help you decide on a financial planner. What are your qualifications? What experience do you have? What services do you offer? What is your approach to financial planning? Will you be the only person working with me? How will I pay for your services? How much do you typically charge? Could anyone besides me benefit from your recommendations? Are you regulated by any organization?

Many financial planners establish blogs which they use to market themselves to potential clients. These blogs often contain some useful advice for interested readers.

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Original Technorati articles tagged “financial planning”

• in Finance
  Money and Marshmallows
  The "Marshmallow Experiment" can be tied to financial planning.
  by holliskc / on Aug 1, 2011
• in Finance
  Good Debt and Bad Debt
  Discusses why classification of debt into good and bad does not really make sense
  by investinpassiveincome / on Jul 12, 2011
• in Business
  One Too Many Life Settlement Brokers
  Having more than one life settlement broker on a case can be counter productive.
  by amritafinancial / on Dec 1, 2010

Latest blogosphere posts tagged “financial planning”

 

• Life insurance for the young

  
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  Life insurance has traditionally been associated with the later stages of a persons life. The usual image of a typical life insurance buyer is a person near the retirement age, who wants to save some additional money for their heirs and has accumulated some wealth over their lifetime. However, the reality is a bit ...
  3 days ago

• Duluth/Gwinnett CPA www.HisCPA.com A Christian CPA Firm

  
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  Duluth/Gwinnett CPA   www.HisCPA.com   A Christian CPA Firm Put our CPA to work for you to make sure you pay only your lowest legal tax. We work hard helping with Advice on: Entity Selection and Incorporating in Georgia www.hiscpa.com/article2.html Tax Analysis of LLC vs. S Corporations     ...
  3 days ago

• New Book by Dave Jetson Shows Value of Therapy

  
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  “It’s not about the money.” This saying has become almost a cliché among financial planners and therapists who help clients address the emotional aspects of their relationships with money. We keep using this phrase because it is so true. Overspending, taking unreasonable risks, money conflicts that strain ...
  3 days ago

• Inherited IRAs in Idaho Still Require RMDs

  
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  The different ways you inheritassets are just as varied as the assets themselves. Such is the case with aninherited IRA. When is it “yours” and how do you avoid tax issues? The Slott Report recently addressed the consequences of when asurviving spouse inherits the IRA of their deceased spouse and both ...
  3 days ago

• Round Numbers by Larry M. Elkin, CPA, CFP®

  
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  The Dow Jones Industrial Average closed at 15,056.20 on May 7, the first time the benchmark surpassed 15,000 at the end of a trading day. Millions of people took notice of this meaningless event. If you know anything at all about baseball, you can name the last major league hitter to have a batting average above .400 ...
  3 days ago

• Make money online investing with informed choice

  
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  It’s a fact that investing money online amounts to productive use of your additional cash and to generate more money. The process has a long history and was there in different forms, primarily through stockbrokers. In this age of internet, the former process of calling stockbrokers’ agent on phone has now changed ...
  3 days ago

• IPhone Apps To Manage Your Money

  
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  The current economy has made managing money more important than it ever has been before. Smart phone technology has continued to increase rapidly to allow for the development of an application for just about anything. Anyone that owns an iPhone and is looking to manage their money is in luck. There are 5 great apps ...
  3 days ago

• Financial Aid and Student Loan tips

  
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  For many considering graduate school, the high cost of tuition can be a major detractor to even beginning an application. Student loans, grants, scholarships and other financial resources, though, can be a viable options for those who need help funding a master’s degree. As you begin researching your options, it is ...
  4 days ago

• Get Ready for Black Friday and Cyber Monday 2009

  
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  The Next Best Thing Photo: http://www.flickr.com/photos/autumnal_hedge/ / CC BY-NC 2.0 Thanksgiving is just around the corner. But do you know what the next best thing that comes after Thanksgiving is? That’s right, it’s Black Friday ! It’s the biggest shopping day of the year! Black Friday is the day ...
  1 week ago

• Here’s How to Save Your 401k From Getting Wiped Out

  
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  The recession threw a huge wrench in the American retirement plan. Defined-benefit pensions have never been as widespread as commonly believed. After hitting a high of 112,000 private-sector pension plans in the 1980s, that level has now dropped close to 30,000. In particular, government action has served to ...
  1 week ago

• Avoid Frugality Binges for Sustained Financial Health

  
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  Weve all been through periods where we zealously try to save money. Well bring our lunch to work for a few weeks in a row, eat ramen a couple times a week, and dust off our old financial planning books. It feels great for a time, but it can bite you in the end. Read more...        
  1 week ago

• Avoid Frugality Binges for Sustained Financial Heath

  
  — Authority:
  Weve all been through periods where we zealously try to save money. Well bring our lunch to work for a few weeks in a row, eat ramen a couple times a week, and dust off our old financial planning books. It feels great for a time, but it can bite you in the end. Read more...        
  1 week ago

• LTC Zen™ | Balance Now Peaceful Later

  
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  For those that plan ahead, long term care solutions are available that help to maintain dignity, permits claimants and their families to make choices , helps to protect Savings, Retirement,... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, ...
  1 week ago

• What You Need to Know About Planning for Your Retirement

  
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  by Michael Geoffrey Retirement planning is an incredibly important process, and is one that everyone needs to get involved with and take seriously into consideration. Of course a lot of younger people are not even thinking about retirement, and it is not surprising considering that retirement for them is decades and ...
  1 week ago

• Counting The College Cost

  
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  How Much Will I Need To Save To Pay For College? College is a source of financial fear and trepidation for many young families.  With the rising expenses and difficulty to obtain excellent financial aid, many wonder if and how they will ever afford the
  1 week ago

• Hazel Peters Is Connected To The South Africa Business Network

  
  IBWIRE — Authority: 157
  JOHANNESBURG, SOUTH AFRICA, May 10, 2013 / South Africa Business Network / — An extraordinary entrepreneur in the finance industry with over a decade of diverse professional experience in the field, Hazel Peters has consistently demonstrated the passion, vision, and dedication necessary to be successful in the ...
  1 week ago

• BlackRock’s Fink: Put it All in Stocks

  
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  Laurence Fink is in the business of taking measured risks. That’s what investing is all about and, well, he happens to be the CEO the world’s largest investment firm: BlackRock, which has $4 trillion under management. So it may be that he was perfectly comfortable standing before a packed classroom at New York ...
  1 week ago

• White Paper: Blind Spots in the Financial Advice Process

  
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  Every financial advisory firm has a client planning process which it considers to be sound. However, it is likely that the process will have one or more key areas that are missing or are not being adequately executed with the appropriate systems. In raising these “blind spots” we fully recognize that there is an ...
  1 week ago

• I Am Woman and I’ve Got This Handled #GenworthUSA

  
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  I’ve been divorced for two years now, or is it three? I’m not sure, but it’s a good sign that I’ve lost track, right? Yeah foshozie. Sometimes it amazes me that I strode right into my future with no medical insurance, zero accumulated social security, absolutely no savings or retirement nest egg, and a blog ...
  1 week ago

• Worldwide aim for award support for mortgage expert

  
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  A leading firm of Cornish independent financial advisers is urging local businesses to back one of its team in a... The post Worldwide aim for award support for mortgage expert appeared first on Latest news from MPAD .
  1 week ago

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