Evidence-Based Financial Planning: To Learn… Like a CFP

Buie, Elissa; Yeske, Dave
November 2011
Journal of Financial Planning;Nov2011, Vol. 24 Issue 11, p38
Academic Journal
The article discusses the significance of evidenced-based financial planning, which has been used by certified financial planner (CP). It mentions that scientific research can pursue inductively or deductively and most of the time depends on a combination of both. It notes that deductive approach starts with the statement of a broad principle that appears on a combination of both. Moreover, it states that inductive reasoning starts from the particular to the general, which is done by observing some natural occurrences in the environment and begin to wonder about its meaning.


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