What is financial planning?

(soft music) If you could achieve your goals by simply putting money away in the bank, then you wouldn’t need a financial plan. Unfortunately, life is
more complex than that. It’s hard to understand the
intricacies of investment, taxation, and all the changes
to rules and regulations, so you could need professional help. A professional financial planner will help you achieve your goals. Even if retirement seems a lifetime away, the sooner you start planning, the higher the likelihood of achieving financial
independence and peace of mind. Many people end up forming
long-term relationships with their financial planner, similar to an athlete working with a coach to work towards improving their
performance and potential. The value of financial
planning goes beyond dollars and cents, it can simplify your life and give you a sense of security about your current and
future financial position.

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