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87% of teens report their parents are their main source of financial education, while more than 56% of married couples
report having serious problems related to their finances.
(Moneymanagement.com & Charles Schwab Foundation)
Revisiting The Basics To Ensure Your Family's Financial Future.
January 16, 2015 | Category: Future Planning
| Author: IFG Integrity Financial Group
Understanding Financial Planning
You may have heard the term “financial planning” before and wondered what it meant. Maybe you’re started thinking about making your own financial plan, but weren't sure where to start. Maybe you've tried the “do it yourself” approach, and have decided it might be time to work with a professional.
What Is Financial Planning?
To put it simply, financial planning is the process of setting and maintaining a plan in order to help you meet your life goals. Life goals can include buying a home, building a savings, putting your kids through college, or planning for retirement.
The entire process involves many steps to take a “big picture” approach to setting and achieving your goals. If you only look at one area of your financial life and do...