You may have heard of the term financial planning before. But what does it really involve? To many people, it’s a fuzzy concept. In part, that’s because it’s a process that looks at everything to do with your finances. This includes:
- saving and investing
- paying down debt
- taxes
- retirement planning
- estate planning
- insurance.
To build a solid financial plan, you need to keep in mind how your choices in one area will affect another. Read more…