Financial planning is described as a method whereby people achieve their goals, evaluates all resources and assets, determines any future financial requirements, and makes certain plans to obtain any monetary purposes they may have. Financial planning in Oxford involves a variety of circumstances such as daily cash flow management, choice and management of investments as well as insurance requirements. There are various components that are concerned with financial planning. This covers matters such as risk control, allocation of assets, financing, estate investments, retirement planning, and tax preparation. Financial advisors believe there are some important factors of financial planning which are key to your financial planning, future wealth making and wealth protection. Income: Your income sources provide you with your day-to-day funds and is obtained from your employment. In financial planning, we start by examining income as the first factor. Income is a key structure in all of