Welcome to Financial Planning Standards Boardق s (FPSB) Europe web page. FPSB created this page to introduce Europeans to the concept of financial planning and the benefits of establishing long-range strategies to help you reach your personal short- and long-term financial goals...
Financial planning is the process of meeting your life goals through the proper management of your finances. Life goals can include buying a home, saving for your childق s education or planning for retirement. The financial planning process consists of six steps that help you take a holistic or completely integrated approach to assessing your financial health and where you are financially. By using these steps, you can work out where you are now, what you may need in the future and what you must do to reach your goals.