This lesson on financial planning is an evaluation of current and potential financial resources that lead to the development of step-by-step recommendations to help you achieve your goals and objectives, both personal and financial.
Discussed are the details on the steps in the financial planning process. They show how to develop the best financial plan for you.
There are details on different types of debt, and the pros and cons of debt consolidation. Managing debt also compares RRSP contribution versus debt repayment versus combination strategy. You will learn how to negotiate with banks and save money for the future.