Financial planning is the process of creating a roadmap to help you manage your finances, achieve your financial goals and secure your financial future. It involves assessing your current financial situation, setting goals, and creating a plan to achieve those goals.
Financial planning helps you make informed decisions about how to allocate your income, savings, investments, and other financial resources. It can help you prioritize your spending, manage debt, plan for emergencies, and save for important milestones like retirement or buying a house.
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