---
esco_uri: http://data.europa.eu/esco/skill/dccbdbb8-7266-4fb4-a4cf-29056f102f12
esco_label: "budget for financial needs"
relation: essential
onet_soc: 13-2052.00
source: model-knowledge
confidence: high
qa_count: 0
generator: gemma3:27b (prompt-designed and spot-checked by Claude)
generated: 2026-07-10
---

# budget for financial needs — Financial Advisor

For a Financial Advisor, 'budgeting for financial needs' isn’t about *your* office expenses – it’s deeply embedded in client planning. Daily, this means translating a client’s life goals (retirement, education, home purchase) into quantifiable future costs. You’re not just listing numbers; you’re building ‘what-if’ scenarios: 'If we assume 6% investment growth and healthcare costs increase at 4%, how much needs to be saved monthly?' Tools like financial planning software (e.g., MoneyGuidePro, eMoney Advisor) are crucial for projecting these cash flows over decades, factoring in inflation, taxes, and potential market volatility. It's about creating a realistic, sustainable funding plan.

## Weitere Anreicherung

Stage-2 source for future practitioner grounding: EconStor (open-access economics/finance literature).
