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Life Planning is the First Consideration of Financial Planning!

 

What is life planning? Otherwise known as the purpose area of financial planning, this plan is essential in the development of the rest of your plan.

"What do you want to be when you grow up?"

Have you heard that question before? Probably when you were in third or forth grade. That was when your excitement was still boiling through your veins. You couldn't wait to get out into the world and shoot for those dreams.

When was the last time you thought about what you were going to do when you grow up? You don't hear it much any more, do you? Probably NEVER!

If you don't have a solid purpose for yourself in this life, you better sit down and think about it long and hard for a while. Life is too short to put your dreams on hold. If you are just getting out of high school, I caught you just in time before all of your dreams got stomped into the ground.

If you are middle aged, like me, hope is not gone! It's never too late to start dreaming. Most people who have achieved their dreams in life did so in a very short amount of time. When you are younger, you are more careless with your dreams, giving yourself plenty of time to realize them. But when you are getting older, you don't have all that time to play around with.

You need to know what your primary purpose is in life, then you can aim all of your plans toward that purpose. When you base your dreams on a burning desire such as your primary purpose, you will have more than enough motivation to get the financial balls rolling in the right direction. That's what life planning is all about!

To learn more about life planning, continue with a quick exercise to get your dream factory working so you can establish a life plan!


 

Updates and Information

01/28/09  - Things are picking up. I've updated the content for the Budget Planning and Future Planning Areas. With a little more research, the rest of the site will come together. Keep checking back. This spring I will have a lot more time, so there will be some big updates then.

 

07/13/08 - Welcome to Learn Financial Planning. Today is launch day. If you can't find the information you are looking for, it will be added soon. I'm constantly writing and adding content for the site, so please be patient.

 

 

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