Govenor Riley Declares Financial Planning Week 9/30/07

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Govenor Riley Declares Financial Planning Week 9/30/07

Stewart H. Welch III, CFP, AEP
Founder, The Welch Group, LLC

Govenor Riley Declares Financial Planning Week

“Governor Riley Declares Financial Planning Week”



If you haven’t planned your financial future, the Financial Planning Association of North Alabama wants to help. Governor Bob Riley has issued a proclamation designating the week of October 1st – 7th as Financial Planning Week in Alabama.


Financial Planning Week is a time when the Financial Planning Association (FPA) strives to increase public awareness of the financial planning process to help people make prudent financial decisions to achieve their goals and dreams. To promote the cause, the FPA of North Alabama has partnered with Fox 6 News to provide a free telephone help-line the morning of Thursday, Octo­ber 4th from 7:00 am to 9:00 am. The purpose of the help-line is to provide general financial information for callers and to answer questions about the financial planning process. The help-line will be manned by Certified Financial Planner® professionals and the number to call is 583-4303.


The FPA’s mission is to “connect with those who deliver; those who support; and those who benefit from professional financial planning. FPA believes that everyone is entitled to objective advice from a competent, ethical financial planner in order to make smart financial decisions.”


FPA chapters across the country worked hard last year to organize more than 80 nationwide events to help the public discover the value of financial planning, including educational seminars, hotlines, interviews, plus more. FPA also received its first Congressional resolution recognizing Financial Planning Week in 2006.


FPA of North Alabama offers these 20 tips for celebrating Financial Planning Week:

  1. Balance your checkbook.
  2. Make a monetary contribution to your favorite charity.
  3. Start a savings account for a child, vacation or a gift for yourself.
  4. Help teach your children how to save and spend wisely.
  5. Get your estate in order: create or revise your will and other estate planning documents.
  6. Call your financial planner and share your appreciation for their services.
  7. Pay off a credit card.
  8. Get a head start on college. Investigate college planning options.
  9. Establish an emergency fund.
  10. Evaluate your employee benefits and begin planning for open enrollment.
  11. Develop your holiday spending budget.
  12. Plan for year-end tax strategies.
  13. Purchase a relative, friend or colleague a session with a financial planner.
  14. Give a relative, friend or colleague a subscription to a personal finance magazine.
  15. Invite a financial planner to speak at your workplace.
  16. Review your insurance coverage.
  17. Write down your short-term and long-term financial goals. Keep these in a special place and revisit them periodically.
  18. Start using personal finance software to help you see where your money goes and how it grows.
  19. Choose three financial terms that have always baffled you and resolve to look them up and understand them.
  20. Talk to a relative about their plans for long-term care.


Financial planning is a process which focuses on achieving your life goals and dreams. I encourage you to take advantage of this once-a-year opportunity and begin getting your financial house in order. For more information, visit