Financial planning is the process of ensuring your life goals through the proper management of your finances. Financial planning helps you to anticipate all financial needs that will emerge in the future. The objective of financial planning is to provide sufficient amounts of money in the right hands and at the right moment in the future in order to ensure that individual goals are achieved.
Some personal finance packages, magazines and self-help books can help you with your own financial planning. However, you may decide to seek the assistance of a personal financial consultant - expert if: