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Personal Finance > Personal Finance (Other) Introduction to financial planning

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Financial planning is a broad topic that covers issues such as budgeting, saving, investing, buying insurance, choosing a financial planner, and preparing for retirement. With the plethora of information currently available, consumers are better able to make wise decisions regarding their money. But, where should you start? Financial planning starts by asking three basic questions: Where are you now? Where do you want to be? What is the best way to get there? Where are you now? The first step is determining where you are by looking at your net worth and your budget. This can be a difficult...

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