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Financial Planning

In general usage, a financial plan can be a budget, a plan for spending and saving future income. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan can also be an investment plan, which allocates savings to various assets or projects expected to produce future income, such as a new business or product line, shares in an existing business, or real estate.

In business, a financial plan can refer to the three primary financial statements (balance sheet, income statement, and cash flow statement) created within a business plan. Financial forecast or financial plan can also refer to an annual projection of income and expenses for a company, division or department. A financial plan can also be an estimation of cash needs and a decision on how to raise the cash, such as through borrowing or issuing additional shares in a company.

While a financial plan refers to estimating future income, expenses and assets, a financing plan or finance plan usually refers to the means by which cash will be acquired to cover future expenses, for instance through earning, borrowing or using saved cash.

From Wikipedia under the GNU Free Documentation License
Wed Aug 24 06:06:42 2011

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What is a Financial Planning Company? What are they doing?
Q. Hi, I need to know what a Financial Planning Company is and what exactly those companies are doing... thanks
Asked by javon - Mon Feb 25 00:41:51 2008 - - 2 Answers - 0 Comments

A. A company that offers Financial planning services offers licensed financial advisors to assist customers who are looking to create a financial plan. Financial planning helps individuals prepare for their future goals, typically these goals would be planning for retirement, planning to pay for college, and planning for other major life events. A financial advisor will help you develop a financial plan to help ensure that you have the money you need saved to meet your long term financial goals.
Answered by financegal27 - Mon Feb 25 13:55:16 2008

which one to choose, MBA or Financial planning?
Q. I'm dissatisfied with my job, thinking of doing further studies. I can not decide between an MBA or Financial planning. Which one is better for job prospects since I'm 36?
Asked by gassa01 - Sat Nov 29 23:49:32 2008 - - 2 Answers - 0 Comments

A. Live the best of both worlds. My advice would be to go into financial planning. At that point you'll have a sponsor (your employer) to help you obtain your CPA, CFA, CFP, AIAA, or any other professional charter you wish to obtain -- including all of the FINRA Series tests you'll be able to acquire during your training as an Advisor. CPA: Certified Public Accountant CFA: Chartered Financial Analyst CFP: Certified Financial Planner CAIA: Chartered Alternative Investment Analyst There are many others... Many of these designations are considered comparable to an MBA. If you're wanting more information, check www.investopedia.com and search for one of the above acronyms. Below the explanation will be a list of similar searches --… [cont.]
Answered by musicman812 - Sun Nov 30 00:12:30 2008

From Yahoo Answer Search: "financial planning"
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Sun, 28 Nov 2010 21:34:38 GMT+00:00
Assistant Goondiwindi Argus Our client, a local leader in financial planning services, is seeking a Financial Planning Assistant for their Toowoomba based practice. ...
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theprairiestar.com
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Wed, 01 Dec 2010 18:32:26 GMT+00:00
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