Introduction to Financial Planning Financial planning is the foundation upon which secure financial futures are built. It is an ongoing process that helps individuals and families achieve their financial goals through prudent management of their resources. Unlike merely saving money or budgeting, financial planning is a comprehensive approach that covers everything from budgeting and investing to retirement and estate planning. Understanding its significance and how to implement effective strategies can mean the difference between financial stability and financial hardship. What is Financial Planning? At its core, financial planning is the process of creating a roadmap to achieve your financial goals. It involves assessing your current financial situation, setting realistic goals, and developing strategies to achieve those goals while managing risks. The essence of financial planning is not just about accumulating ...