Finance

Anti Money Laundering Types

What are the Anti Money Laundering Types-Frequently Asked Questions

Laundering is the process of inventing the origin of monies obtained fraudulently so that they appear to come from a genuine source. The “cleaning” of the money requires subjecting it to a series of unique monetary transactions in order to get the intended effect. Concealing cash sources by placing them in corporate entities, labeled as […]

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Role of Financial Plan

What is Financial Plan Role-Frequently Asked Questions-Role of Financial Plan

Financial planning is a multi-stage process that supports the achievement of one’s life goals through the scientific management of one’s finances. One’s daily actions can be governed by a financial strategy. It is critical that all individuals, regardless of gender, place a high value on financial planning. Women gain far more than men from understanding

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Characteristics of Financial Plan

What are Financial Plan Characteristics-Frequently Asked Questions-Characteristics of Financial Plan

Financial planning is the act of developing a document that explains an individual’s or business’s present financial situation as well as a strategy for allocating resources to achieve a certain goal. In most cases, financial future planning results in the formation of a written document. Individuals can do personal financial planning on their own or

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Process of Financial Plan

What are Financial Plan Process-Frequently Asked Questions-Process of Financial Plan

Financial planning requires the development of a strategy to achieve long-term and short-term financial goals. Personal financial planning can be done without the assistance of a professional advisor, such as a certified financial planner (CFP). You have access to a range of information that can help you achieve your goals, such as debt reduction, budgeting,

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Steps of Financial Plan

What are Financial Plan Steps-Frequently Asked Questions-Steps of Financial Plan

A well prepared financial strategy is like to having a navigational guide to success. You can either do your own financial planning or engage an expert to help you. A financial plan, in addition to providing an overview of your current financial condition, includes your long-term financial goals and the technique you will use to

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