Online CFP Certification, The Importance Of Preparedness

CFP Certification, What It Takes To Become Prepared

Having the title CFP after your name is a designation which makes a huge difference especially among competitors. Being a certified financial planner will boost your credibility which later on will pave a way for career opportunities.

But, the title isn’t easy to acquire. In fact the entire journey isn’t a walk in the park. One way of getting such title is taking a ten hour examination which is usually administered by the Certified Financial Planner Board of Standards. It’s one tough exam which requires you to study really hard to pass it. How hard is hard? Well, the passing rate is 60%, so you’d be the judge.

There are a lot of ways to become a CFP, but the biggest obstacle is the said examination. In a certain year, it’s given three times across different locations in the United States.

The exam is divided in three parts or sessions. The first one will be taken on Friday afternoon for four hours.

Usually it has 115 questions which also include a case study. Third and fourth sessions are done on Saturday and each lasts for three hours.

As what has been studied, the examination covers certain topics like the General principles of financial planning, risk management, insurance planning, employee benefits planning, investment planning, income tax planning, retirement planning and real estate planning.

Once you have mastered those and have studied hard, you will be able to pass the exams. After doing so, you can get your certification. Nowadays, with the help of the internet, online CFP certification can be possible as well as CFP certification education.

There are a lot of possible ways in which you can get your certification but the most important thing to consider is the preparation for the rigorous examinations before enjoying your benefits. First things first, you have to get your materials for studying first.

These are review materials that will help you analyze situations and case studies and later on make you wise in taking tests. There’s your clue, test wise-ness, or the ability to rule out the right from wrong answers will make you pass your exams. But you won’t be able to reach that level if you have not mastered all the concepts that are needed.

Again, read sample situations, learn to analyze every aspect of it and apply what you have learned. After that, you can try out your skills by answering sample questions.

But don’t dwell with the concepts that you

already know, focus on areas where you are weakest. That’s where you will draw your strength and eventually pass the examinations.

Practice makes perfect. If you want to be a full pledged certified financial planner, learn to play the game and do your part. Passing the exam can be tough but if you are prepared, nothing can stop you from getting what you want.

Practice makes perfect. If you want to be a full pledged certified financial planner, learn to play the game and do your part. Passing the exam can be tough but if you are prepared, nothing can stop you from getting what you want. Get more on this through this site.