There's more to financial planning than crunching numbers. A good financial plan should include a clear definition of your goals, including when and where you'll use your money. Financial planners also provide recommendations on investment strategies and help you lay out a clear action plan for reaching those goals. In other words, financial...

A financial advisor can offer insight into how to save more money and build wealth. He or she can help you choose investment vehicles that will match your risk tolerance and your savings. You can enlist a financial advisor's help to evaluate the potential profit or loss of a new project. A financial advisor can help you determine how...

Financial planning is essential for anyone who wants to achieve a certain standard of living without having to make compromises. Many people assume that they must forgo a certain standard of living to achieve financial goals. This is not always the case. For example, creating an emergency fund can help people pay for varied expenses without...