Archive for March 11th, 2009

The 5 Basic Steps to the Financial Planning Process

by Hank Brock

The financial planning process involves five basic steps. After the initial meeting with your financial planner, the five steps to the financial planning process include: data gathering, plan preparation, plan presentation, plan implementation, and on-going monitoring.

1. Financial Planning Process: Data gathering.

Data gathering is a marathon. It usually takes place at your home. It may take two hours or all day. Your planner will need to examine all your documents: Tax returns. Balance sheets. Income statements. Employee benefit plan booklets. Retirement plan documents. Wills. Trusts. Insurance policies. Investment statements. Brokerage house statements. Bank statements. These are the tangible bits of information.

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How to Work and Achieve Distance Learning Education all together

by Mary Jackson

Consider the perks of a distance learning education: keep working and getting paid, forget a class attendance schedule, and have the flexibility of studying whenever convenient. In fact, students striving for an online degree seem to have the best of both worlds.

However, a distance learning education is not without certain challenges. Traditional students are spurred on by the interaction with others and attending the lectures. Without a lot of discipline and intrinsic motivation, distance learners can easily get sidetracked by life and fail to keep up with the coursework needed to pass the class. Enjoy the benefits, but do not forget the responsibilities.

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