Financial planning is the process of setting, planning, and achieving financial goals. It involves analyzing your current financial situation, identifying your financial goals, and creating a plan to help you reach those goals. Financial planning covers a wide range of areas including budgeting, saving, investing, managing debt, and retirement planning.
Remember, financial planning is a dynamic process and needs regular review and adjustments to align with changing life circumstances and financial goals. By understanding and implementing these principles, you can take control of your financial future and work towards achieving your financial goals.
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