Managing your money to achieve your goals in life is known as financial planning. All aspects of a comprehensive financial plan and strategy are covered, including retirement planning, wealth preservation, investments, risk management, tax preparation, and estate planning. It's a methodical technique tailored to individual requirements, an evaluation of relevant literature book review. Financial planning is defined as "the process of determining whether and how an individual can meet life goals through the proper management of financial resources" by the Certified Financial Planner Board of Standards.

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