Financial Planning

Module 1: Introduction to Financial Planning

• Definition & Importance of Financial Planning
• Understanding Personal & Corporate Finance
• Financial Planning Process & Framework
• Setting SMART Financial Goals

Module 2: Budgeting and Cash Flow Management

• Creating & Managing a Personal/Business Budget
• Income vs. Expenses: Tracking & Managing Cash Flow
• Strategies for Reducing Debt and Improving Savings
• Tools & Software for Budgeting (e.g., Excel, Mint, YNAB)

Module 3: Investment Planning

• Introduction to Financial Markets & Investment Options
• Stocks, Bonds, Mutual Funds, ETFs, Real Estate, Commodities
• Risk vs. Return Analysis
• Diversification & Portfolio Management
• Understanding Market Trends & Economic Indicators

Module 4: Risk Management & Insurance Planning

• Identifying Financial Risks
• Life, Health, Property, and Liability Insurance
• Retirement & Long-Term Care Planning
• Estate Planning & Tax Implications

Module 5: Retirement Planning

• Planning for Financial Independence
• 401(k), IRA, Pension Plans & Annuities
• Retirement Income Strategies
• Social Security & Medicare Considerations

Module 6: Tax Planning Strategies

• Understanding Income Tax, Capital Gains Tax, & Inheritance Tax
• Tax-Saving Strategies for Individuals & Businesses
• Tax-Efficient Investing & Asset Allocation
• Business Tax Deductions & Credits

Module 7: Financial Decision Making & Wealth Management

• Behavioral Finance & Decision-Making Biases
• Managing Loans & Credit Scores
• Advanced Wealth-Building Strategies
• Understanding the Role of a Financial Planner/Advisor

Module 8: Estate Planning & Wealth Transfer

• Wills & Trusts
• Power of Attorney & Beneficiary Designations
• Charitable Giving & Legacy Planning
• Avoiding Probate & Minimizing Estate Taxes