it's the process of organizing, evaluating, and assessing every financial aspect of your life. it involves developing and formulating a plan to meet your current financial needs and obligations and your long-term financial goals and objectives.

A financial plan can help you establish, define, and prioritize your financial goals, identify weaknesses or risks in your current financial plan, and also help you determine if your current financial resources and prospective financial resources will be able to help you reach your goals.

What is financial planning?