General Principles of Financial Planning

The fundamentals of financial statements, cash management, financing strategies, financial institutions, economic concepts and business law.

Here are the topics covered in the General Principles of Financial Planning:

  • The Financial Planning Process
    • Purpose, benefits, and components of the financial planning process
    • Steps of the financial planning process
    • Responsibilities of the planner, client, and other advisors
    • How to create a financial plan
  • Financial Statements
    • Personal Financial Statements
      • Balance Sheet / Statement of Financial Position / Net Worth Statement
      • Cash Flow Statement / Statement of Cash Flows / Income Statement
    • Business Financial Statements
      • Balance Sheet / Statement of Financial Position/Condition)
      • Income Statement / Statement of Income / Statement of Earnings / Statement of Operations
      • Statement of Retained Earnings
      • Cash Flow Statement / Statement of Cash Flows
      • Pro Forma Statements
  • Cash Flow Management
    • Budgeting
    • Emergency fund planning
    • Debt management ratios
    • Savings strategies
    • Rule of 72
  • Credit, Debt, and Personal Financing Strategies
    • Consumer credit and credit management
    • Long-term vs. short-term debt
    • Secured vs. unsecured debt
    • Buy vs. lease/rent
    • Mortgage financing
    • Leases
    • Insolvency and bankruptcy
  • Financial Institutions: Function, Purpose, and Regulation
    • Banks
    • Credit unions
    • Bank, Thrift, and Credit Union Deposit Insurance (FDIC, etc.)
    • Brokerage companies
    • Insurance companies
    • Mutual fund companies
    • Trust companies
  • Financial Services Organizations: registration, licensing, regulations, and requirements
    • Financial Industry Regulatory Authority (FINRA)
    • Securities and Exchange Commission (SEC)
    • Municipal Securities Rulemaking Board (MSRB)
    • National Futures Association (NFA)
    • Reporting
    • Compliance
    • State securities and insurance laws
    • Registered Investment Advisor rules
  • Consumer Protection Laws, Organizations, and Resources
    • Bankruptcy law
    • Fair credit reporting laws
    • Privacy policies
    • Identity theft protection
    • Consumer fraud and protection
    • Identifying and Avoiding Securities Fraud
  • Financial planning for special circumstances
    • Divorce
    • Disability
    • Terminal illness
    • Non-traditional families
    • Job change and job loss
    • Dependents with special needs
    • Monetary windfalls
  • Behavioral Finance
  • Economic concepts
    • Supply and demand
      • Fiscal policy
      • Monetary policy (Federal Reserve System)
      • Economic indicators
      • Business cycles
      • Inflation, deflation, stagflation, mass inflation, hyperinflation
      • Yield curve
    • Economic Points of View
      • Keynesian Theory of Economics
      • Austrian Theory of Economics
    • Business Law
      • Contracts
      • Agency
      • Fiduciary liability

Subscribe to the Show!

Click to subscribe to The Radical Personal Finance Podcast on iTunes

Click to subscribe to The Radical Personal Finance Podcast on Google Play.

iTunes Reviews

- Ric MP

I started listening a a few months ago and appreciate especially those episodes with greater persona ...

- Pretty as I am

Today I listened to Radical Personal Finance for the first time hoping to feel inspired. Instead I f ...

- Tasha_Fi

Unsubscribing. This podcast has less about personal finance of late and more about his privileged po ...

- rnaymilddebts

If you have a very strong political leaning towards the left, you might hit a hard wall listening to ...

- no to guns

Stopped listening after the episode on guns ...

- Vballdavid05

Great content! ...

- Dave J from Mass.

Joshua takes on great subjects and calls out the truth when dealing with issues, related to finance, ...

- cfkells

I’ve tried a couple times to listen to episodes from this podcast since it was recommended by my FI ...

- smithkells

Did not appreciate the episode on public schools. Privatizing public education is very dangerous. It ...

- CL1971

If you’re not a devout Christian this guys preaching will drive you mad. For content focused financi ...

- Vendicott

For helpful (and enjoyable!) personal finance discussion, I'd suggest Afford Anything or Stacki ...

- emb145ca

I’ve been listening for a while ( about 9 months) and it could just be in my mind but I feel like th ...

- Kammerman33

Dude, just get to the point. I started lisetning after someone else telling me to. Spends way too mu ...

- TerreroI

This podcast is different in a good way. It combines the best of Dave Ramsey , FI and entreprenuersh ...

- Cda Laight

Such a fine guide of how to “live a rich life”. Josh is so expert & on key to anybody’s personal ...

- Unbiased Observer

Josh does a great job with laying out advice on how to successfully look at your finances. Highly re ...

- Synesthë

Honestly this podcast is mostly the host trying to get you to buy his financial program (for $300!) ...

- Andre "The Giant" Roussimoff

Joshua provides great advice on a huge variety of topics that aren't at first obvious. His take ...

- AndrewinMaine

I have been a subscriber to this podcast for years! I am self employed in a "blue collar" ...

Please understand that I will not be able to respond to every comment. RPF Community Guidelines.

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest