FINANCIAL

PLANNING
BY: SERNEO, JENNIFER H.
12- THOMAS AQUINAS

WHAT IS WHY IS IT
FINANCIAL IMPORTANT?
PLANNING?
is an ongoing process that will It is important because it allows you
reduce your stress about money, to make the most of your assets, and
support your current needs and help helps ensure you meet your future
you build a nest egg for your long- goals.
term goals, like retirement.

WHAT IS THE WHAT ARE THE

PURPOSE?
helps you determine your short and
long-term financial goals and create
a balanced plan to meet those goals.
CHARACTERISTICS?
Consistent flow of money into the plan.
A fair rate of return as it pertains to your individual
plan objectives and risk tolerance.
Minimum tax consequences while you are building
your plan.
Minimum tax consequences while you are reaping
the fruits of your labor.
Access to your money.
Minimum risk.
Provide for emergencies and unpredictable events.
Flexibility to change and adjust as your life does.

WHAT ARE THE WHAT IS THE

MAIN POINTS? BENEFIT?
Investment Planning.
countless advantages of financial
One of the most crucial aspects of proper
planning is investment planning. planning that come immediately from
Debt Management. having a financial plan. From emotional
Life Insurance Assessment. and health associated benefits to social
Retirement Planning. and financial benefits, financial planning
Estate Planning. has a net positive impact on every aspect
of your life.

WHAT ARE THE DISADVANTAGES?

is mainly based on estimation and forecasting techniques like future
assumptions and past records. The uncertainty associated with the
future along with other factors that are not in the control of the
management are limitations of financial planning.