In a two-part series about the differences between financial planning and financial life planning, I introduced a bunch of financial planning services. I want to go into a bit more depth about them here.

Enter financial life planning (financial planning 2.0). It’s exactly as it looks: putting your life (and all of its authenticity) in the middle of the financial plan. Yes, it incorporates all of the elements of financial planning 1.0, but it’s a lot more than that. Financial life planning is different because it adds a personalized discovery process that enables the planner to truly get to know you.

I want to explain what financial planning “does.” In this post, the first of a two-part series, I’ll focus on the basics of financial planning. And in part two, I’ll explain how financial life planning differs and why I think it’s a better approach.