The Certified Financial Planner (CFP) Board of Standards is commemorating its 25th anniversary with a “25 tips over 25 weeks” consumer advocacy program, a financial planning initiative featuring consumer education and awareness at five key milestones in a person’s life, the CFP Board announced Tuesday, August 3.
“Whether you are just starting out experiencing your peak earning years, expanding your family or heading toward retirement, everyone can benefit from financial planning,” said Eleanor Blayney, the CFP Board’s consumer advocate, in a news release.
Once a month–from August through December 2010–the initiative will cover five stages:
Stage 1: The Starting Out Years on August 13 focuses on people ages 18 to 25 when education, employment, and debt management significantly affect their financial situation for upcoming decades.
Stage 2: The Nesting Years on September 13 covers 25- to 40-year-olds who are facing decisions about marriage, children, purchasing a home, and career advancement. These decisions can have a major impact on lifetime financial situations.