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Get Financial Planning's breaking and daily news coverage on topics including RIAs, practice management, financial planning news & insights from industry experts. financial illiteracy, the importance of financial planning is clear. Financial Planning. Finance has to be designed both for personal and corporate uses. 2. Financial research and knowledge-seeking, which support purposeful, informed financial decision-making; Financial planning and goal-setting, which give purpose and structure to individual financial decisions; and Following through on financial decisions, the final step between intentions and desired outcomes. 2020 Annual Limits Relating to Financial Planning Compiled by the faculty of the College for Financial Planning—a Kaplan Company 1. Everyone can benefit from financial planning, not just multi-millionaires! FINANCIAL PLANNING Financial Planning is important as it helps us meet our future goals. 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