THEORY OF FINANCE AND FINANCING STRATEGIES
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Abstract
This work discusses the theory and strategies of finance. Financing strategies are essential factorsthat play significant roles during the lifetime of a client to assist clients inmeeting financial goals such as education planning, investment planning,retirement savings, and income planning.With an uncertain economy, afinancial planner is needed to help consumers prioritize their finances to achieve longâ€term financial stability throughout these tough times. Thereare numerous options for financing financial goals. These various optionsoften make financial management much more difficult for a client. As part ofthe financial planning process, recognizing and evaluating financing strategiesis of the utmost importance in helping clients set and achieve shortâ€term andlongâ€term goals. This recognition will also aid clients in their financial decision-making and provide a consistent track to meet these financial goals. Afinancial planner should stress the importance of financing strategies, includingcash flow management, debt management, borrowing, and financial goals. The author tries to explain the given topic wider by eliciting several examples and charts as well.