All about: Financial Planning Association (FPA)

Have you ever been in debt?The answer to this question is more than likely "Yes, you have". Financial planning is an important part of everyone's daily life. Financial planning is a process of wisely managing your finances, so you can achieve your goals and dreams, while at the same time negotiating the financial barriers that inevitably arise in every stage of life.

What is the FPA?

Organisations such as The Financial Planning Association is just one example of the many bodies out there who are established to help prevent debt from ocurring. İt is the largest membership organisation for personal financial planning in the U.S. and includes professionals from all backgrounds and business models. They help to connect thousands of consumers to competent and ethical planners who uphold the standards of the FPA. Therefore, they help to establish a financial plan that suits and accommodates the needs of every member. FPA members are those who commit to the highest standards of professional competence, ethical conduct and clear, complete disclosure to the customers whom they serve.The Financial Planning Association is governed by a volunteer board of directors who are charged with helping the organisation to reach its primary aim. How can this help you?
The FPA have put aside some basic steps and guidelines which could really help you on your way towards budgetary and financial control. These are: Step 1: Establish your goals Step 2: Gather data Step 3: Analyse and evaluate your financial status Step 4: Develop a plan Step 5: İmplement the plan Step 6: Monitor the plan and make necessary adjustments

Want to know more?

The FPA believe that it is in your best interest to understand what services you are receiving from a financial planner, what results are being achieved and how a planner is compensated. Coalition To ensure that the people's best interests are served when receiving financial planning advice, FPA partnered with the CFP of Standards (CFP Board) and the National Association of Personal Financial Advisors (NAPFA) to create the Financial Planning Coalition. The Financial Planning Coalition works with legislators to encourage regulations that will help you to identify the most impartial and fair service. Working together with FPA could help you to achieve your goals, whether that involves saving money to go on a world trip or simply to clear remaining debt. The FPA have a free newsletter to which you can subscribe to and this can help to get you on your way to a more healthy pocket and lifestyle.