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Personal Financial Planning: Origins, Developments and a Plan for Future Direction

Personal Financial Planning: Origins, Developments and a Plan for Future Direction Personal financial planning (PFP) is a fairly new and growing discipline. Its origins are in the underacknowledged contribution by Modigliani, and by Becker and Markowitz. PFP deserves academic recognition and additional academic research in the area. It would be extremely useful if a separate personal financial planning theory were articulated. The author presents building blocks for that theory. Furthermore, PFP coursework and textbooks should be elevated in academic content to place them on a par with the corporate finance and investments areas. With proper support, PFP is likely to achieve the greater prominence it deserves alongside other well-recognized academic financial areas and other professional disciplines. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The American Economist SAGE

Personal Financial Planning: Origins, Developments and a Plan for Future Direction

The American Economist , Volume 48 (2): 8 – Oct 1, 2004

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References (19)

Publisher
SAGE
Copyright
© 2004 Omicron Delta Epsilon
ISSN
0569-4345
eISSN
2328-8123
DOI
10.1177/056943450404800204
Publisher site
See Article on Publisher Site

Abstract

Personal financial planning (PFP) is a fairly new and growing discipline. Its origins are in the underacknowledged contribution by Modigliani, and by Becker and Markowitz. PFP deserves academic recognition and additional academic research in the area. It would be extremely useful if a separate personal financial planning theory were articulated. The author presents building blocks for that theory. Furthermore, PFP coursework and textbooks should be elevated in academic content to place them on a par with the corporate finance and investments areas. With proper support, PFP is likely to achieve the greater prominence it deserves alongside other well-recognized academic financial areas and other professional disciplines.

Journal

The American EconomistSAGE

Published: Oct 1, 2004

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