What does it mean to validate a financial plan and how do I do it?
What does it mean to validate a financial plan and how do I do it?
Written by Cam KolickLast update 7 days ago
1. Navigate to the financial planning module
2. Click on Financial Plans
3. Click on Details for the financial plan you'd like to validate
4. Click on Submit for Validation in the footer of the pop-up
This will determine if all of the values that you specified are realistic and feasible based on all of your selections. For instance, if you say that you're going to have a $2000 car payment, that may invalidate your financial plan since that is unrealistic for someone just entering the workforce.
Did this answer your question?