In

most situations Financial Planners do not need to collect detailed information

about the client’s goals and objectives in order to determine appropriate

financial advice for their situation.

There

is a standardised exam to become a qualified Financial Planner in Australia.

Financial

Planners commonly accept percentage commissions on the investment products that

they recommend to clients.

Financial

Planners are not required to provide advice that is in the best interest of

their client.

A university student clearly explains a financial strategy that they learned about in a Personal Finance course at university to a friend.

An investor carefully researches both the anticipated risks and returns associated with an investment strategy and the suitability of that strategy to their situation and needs before making a careful investment decision.

Trying

to stay motivated and positive about the future by refusing to consider bad

things that could prevent you from achieving your financial goals.

A

23 year-old university graduate begins implementing the first stage of the

Financial Plan that they developed as part of a Personal Finance course that

they studied at university.