What is the definition financial planning?

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It is a comprehensive evaluation of an indvidusl's current pay and future financial state by using current known variables to prdect -Also it's the devising of a program for the allocation and management of finances and capital through budgeting.

Financial Planning is the process of estimating the capital required and determining it’s competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.