Financial Planning
Financial planning is a process that defines one’s economic goals and develops strategies to achieve them.
Personal Finance
Personal Finance is the process of evaluating, planning, and managing a household’s monetary needs, goals, strategies, and activities. The discipline covers budgeting, saving, credit, and debt. It further encompasses education, insurance, investment, tax, retirement, and estate planning. The term often refers to the segment of the financial services industry that advises individuals and families.