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”

 

• Your way out of a defaulted student loan status

  
  Finance Ideas 4u — Authority: 94
  It all starts with an ambition to do better. Yes, young student after completing their undergraduate courses dream of a bright and prosperous career. Most of the times, they seek educational loan from banks. However, these innocent students are subject to face dire situations when they are unable to repay the amount, ...
  5 hours ago

• All About Home Equity Loans

  
  FINANCE-DEBT RELIEF — Authority: 121
  Equity is the optimum word in home equity loan. What you have left is the equity once you have started with the fair market value of a home, subtract the mortgages (first and second) and any liens against the property. In order to secure cash in the form of a loan or a mortgage, this equity can then be used as ...
  1 day ago

• 5 The Way To Get The Best Brand Name From Pawnshops

  
  Recent Business News — Authority: 135
  U . s . pawnshops spin up positiioned to their sold good. Growing china as good as bullion prices, residence residence foreclosures in further to a monetary bad times lend towards to be obtaining a lot some-more middle- as good as upper-class clients wanting to suggest things or maybe have been postulated evident ...
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• Taking Care Of Your Business\’ Financial Situation

  
  Finance Marketing Business — Authority: 131
  Business debt is the easiest debt to get into and the most difficult to get out of. With debt consolidation, you can make sure that your business has its cash flow available when needed. So many businesses borrow money when they have no means of paying them off. This can happen because of unprofitable operations or ...
  2 days ago

• A Guide For Young Adults On How To Establish Credit

  
  Financial Newsline — Authority: 438
  A young person can feel that establishing credit may be such a big task, but he can do it with the help of a good strategy. You can start by opening a checking and savings account in your name. Now this won’t establish credit, but it’ll help you along the way and will provide credibility with financial and ...
  2 days ago

• Just How A Few House Owners Very Difficult Their Home Place A Burden On Charges

  
  Recent Business News — Authority: 135
  Decreasing chateau meditative beget great chances for a role of home owners to be means to sweepstakes their home income taxation costs along with substantially preserve money. Every legislation has a rules, sorts of procedures along with deadlines to be means to end item taxation returns. Essentially which a little ...
  2 days ago

• Living on $50,000

  
  Free Money Finance — Authority: 595
  Last month MSNBC did a series on " the median " -- what it takes to live on the median income of $50,000 a year in America. They started with this piece that makes a stunning discovery -- that making $50,000 in one part of the country isnt the same as making $50,000 in other parts of the country (can you read the ...
  3 days ago

• Financial Planning Lessons from Republic Day

  
  Invest In India — Authority: 412
  Independence Day India obtained its independence from British Rule on 15 th August 1947. India became independent and wants to develop and prosper with its own decisions. Constitution Though we are independent, we were not having our own constitution. Without constitution it is difficult to take the right ...
  4 days ago

• How To Effectively Measure The Success Of A New Website, Page Or Blog

  
  BizAmmo — Authority: 92
  For the most part, being a small business generally means your finances aren’t as plentiful as some of your larger competitors and therefore it’s imperative that you do as much as possible to make the most of the finances you have available. A perfect example of this is with the introduction of a new website, ...
  4 days ago

• Chinese New Year 2012 and Thoughts on Financial Planning

  
  Investing In Passive Income Assets — Authority: 407
  During the Chinese New Year period, I managed to meet up with quite a number of friends. Most of them seem to be doing fairly well, with fancy cars and more to show. However, on further discussion, I found out that most of them have not done any financial planning. Either they do not understand [...]
  4 days ago

• Home Equity

  
  Finance Marketing Business — Authority: 131
  If you have a house, then you should build equity in it. If you have equity in your home, it would be similar to having cash in the bank because it would enable you to borrow against it. Also, when you build equity in your home it means you are that many dollars closer to owning your home outright. You can build ...
  4 days ago

• Intersecting circles

  
  Chris Barrow's Blog — Authority: 111
  I want you to imagine three equal sized intersecting circles in a row, like an Olympic symbol or an Audi badge. On the left hand side circle number one represents NHS dentistry. In the middle circle number two represents affordable, private family care and on the right hand side circle number three represents ...
  4 days ago

• Mitt Romneys Unorthodox IRA

  
  The Slott Report — Authority: 111
  Ed Slott discusses Republican presidential candidate Mitt Romneys unorthodox IRA in this video blog. The Wall Street Journal posted a January 19th article on this topic , and Ed walks you through Romneys reported account value, its pitfalls, tax expenses and more in this video.
  5 days ago

• Financial Planning Conference Offers Path to New Career (Part 1)

  
  AICPA Insights — Authority: 106
  The 2012 AICPA Advanced Personal Financial Planning Conference concluded Wednesday at the Aria Resort in Las Vegas. The conference, held annually, brings together experts from four diverse financial planning areas: Investment Management, Wealth Management, Practice Management and Retirement/Elder Planning. This year ...
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• Why Should I Pay Someone To Manage My Money?

  
  Financial Planning for Legal Professionals — Authority: 92
  In my last article I wrote that I prefer to buy funds rather than invest in individual shares  and finished with the suggestion that there is a school of thought that believes active fund managers do not provide any value so investors may as well pay lower annual charges and get an average return. So is there any ...
  5 days ago

• Bank Accounts – How Important Are They?

  
  Mortgages & Money Blog — Authority: 450
  If we live without our bank accounts, then it would be a major problem. We are able to save money because of them. They provide a sense of safety and security. We do not need to fear that we will be robbed of all our money in a single day. Bank accounts, in addition to both these factors, also accrue interest for us ...
  6 days ago

• Review of Missed Fortune 101

  
  Rich Credit Debt Loan — Authority: 465
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  1 week ago

• Get A No Medical Life Insurance For Your Family

  
  make money online — Authority: 115
  A lot of financial experts consider the no medical life insurance policy to be the cornerstone of sound financial planning. A solid life insurance policy can be used to help replace your income and provide financial security for your dependents. If you are the primary earner in your household and people depend on your ...
  1 week ago

• 5 Great Tips On Establishing Credit

  
  Financial Newsline — Authority: 438
  If you’re new to the whole thing, you have to be smart about building good credit. There are so many people who get into credit who don’t event think about how it would affect their credit score and their credit in the future. Well here are 5 tips that you can use. Start a revolving credit account. This involves ...
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• Don’t Lose Sleep Over Your Personal Finances: Try These Tips First

  
  All Time Finance — Authority: 140
  Read this article if you are particularly interested in the prospect of improving your personal financial situation. You’ll find all the tips and techniques you need here when it comes to money. Your credit score might even dip a bit when you first start working on it. Don’t worry, though, you haven’t done ...
  1 week ago

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