Ask Question
BusinessBusiness
16 November, 17:49

Whats the difference between financial planning and financial goals

+2
Answers (1)
  1. 16 November, 20:07
    0
    Financial Goals are the personal objectives that you want to achieve by setting up how to save and spend money. Examples like saving money to buy a house, saving for retirement, starting a business, paying off student debts, etc.

    Financial Planning is to evaluate your current financial condition and create a plan to keep you on tract on achieving your goal. You'll need to address current savings, investments, taxes, insurances and consider any future income needs, vacations, etc. anything that will affect you financially.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Whats the difference between financial planning and financial goals ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is the best example of causation (versus correlation) ? A. Women's skirts get shorter and the stock market goes up. B. Oil prices go up and gasoline prices go up. C. The groundhog sees its shadow and winter lasts longer. D.
Answers (1)
Use the drop-down menus to identify how the infinitive functions in each sentence. janine studies to improve her math skills.
Answers (1)
From the beginning of 2000 until its peak in 2012, Apple's stock price rose from $27.97 to $702.10, an increase of 25 times. Yet Apple's stock price decreased by 37% from its peak in September 2012 until the end of March 2013, from $702.10 to $442.
Answers (1)
If a company offers many opportunities for career advancement and expects its jobs to change a lot in the next five years, then according to affirmative action planning, an ambitious employee who is enthusiastic about learning new skills might be a
Answers (1)
I. b. glowen is an engineer who works in nuclear power plants. he is considering starting his own engineering company. over the last couple of months he has spent considerable time researching different business ownership options.
Answers (1)
New Questions in Business
Your friend really likes a t-shirt that you purchased last week at a concert by your mutually favorite musician group. You purchased the very last shirt in your size and there are no more available.
No Answers
An effective way to begin defining the purpose of a marketing plan, is to make a list of all the information needed to prepare the marketing plan A. True B. False
Answers (1)
Read the scenario. June has $8,000 in an online savings account at six percent interest. She needs to reach $10,000 to pay off her credit cards. How long does June have to save to reach her goal? six years four years five years three years
Answers (2)
Direct materials used in production totaled $280,000. Direct labor was $375,000, and $180,000 of manufacturing overhead was added to production for the month. What were total manufacturing costs incurred for the month? a. $555,000b. $835,000c.
Answers (1)
In an operating lease, a sale is not recorded by the lessor. Instead, the periodic lease payments are accounted for as rent revenue by the lessor. The lessee records a right-of-use asset and lease liability at the present value of the lease payments.
Answers (1)
Home » Business » Whats the difference between financial planning and financial goals
Sign Up Forgot Password?