Financial Planning Unit 1Lesson1-3

Someone who, individually or as a member of a company, operates an establishment for the deposit or loan of money.

• Financial Planner

• Banker

• Loan Officer

• Insurance Agent

A detailed plan of income and expenses expected over a certain period of time, often a month.

• Budget

• Financial Plan

• Taxonomy

• Investment

Maintaining and growing one’s finances. Also refers to a professional service that is the combination of financial/investment advice, accounting/tax services, and legal/estate planning.

• Financial Plan

• Budget

• Wealth Management

• Insurance Agent

An individual or firm that advises clients on investment matters on a professional basis.

• Investment Advisor

• Insurance Agent

• Financial Advisor

• Banker

A person who is authorized by an insurance company to represent that company in its dealings with applicants for insurance.

• Insurance Agent

• Wealth Mangement

• Financial Advisor

• Financial Planner

A professional who analyzes a client’s overall financial situation and develops a comprehensive plan that meets the client’s goals and objectives. Special certifications are required in order to use the title of “financial planner.”

• Insurance Agent

• Financial Planner

• Budget Analysis

• Wealth Mangement

A comprehensive strategy designed to help individuals achieve specific financial goals and prepare for unexpected life challenges or events.

• Financial Plan

• Budget

• Wealth Management

• Investment

deciding where to put your precious earnings. Money can go to living expenses, savings, investments, and toward discretionary purchases (like that new pair of shoes!).

• Cash Mangement

• Budget

• Investment

• Financial Plan

“Put your money to work for you"

• Investment

• Budget

• Financial Planner

• Gold

By understanding tax laws, you can make sure you don’t pay more than you have to

• Investment

• Tax Planning

• Budget

• Financial Plan