The Importance of Financial Planning

Personal Finance – The Importance of Financial Planning:

Financial planning and real estate investing go hand-in-hand. Personal Finance – Turning Money Into Wealth (6th Edition) identifies the importance of financial planning as follows:

Personal financial planning will allow you to: (1) manage unplanned events (2) accumulate wealth, (3) save for retirement, (4) “cover your assets” (5) invest intelligently, and (6) minimize taxes

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