Companies begin the planning process by taking a critical look at the business' current state. The management team evaluates what the company is doing well and where it is falling short.

Read this article for an introduction to financial planning 101 by trying out 7 steps to meet your financial goals.

“The whole financial planning process is wrong,” says George Kinder, widely recognized as one of the chief educators and influencers in the financial planning profession.

Steps included in the financial planning process to help you reach your goals include saving, investing, tax planning, insurance and estate planning.

Urban planning is a process of elaborating solutions that aim both to improve an existing urban area, as well as to create a new urbanization.

Finance teams need to establish a solid foundation to support their organization during the strategic planning process.

But planning should also be a visionary process, looking at not just what your company is doing now but what it could do in the future. This is the creative aspect of planning.

Financial Planning Process Step One: Understand the Situation The first step in any financial plan is to figure out what your current financial situation is.

Estate planning can protect your legacy and make an emotional time easier for your loved ones.

Strategic planning is always connected to the larger vision and goals your business has. So, when you do it well, a natural, positive side effect is that everybody becomes more aligned.