The Process: Organize, Analyze, and Plan
Financial planning pulls all your finances together, organizing them and making management easier and more effective.
Creating a financial plan will help you:
- See your finances from a holistic point of view, so you understand how your individual financial decisions impact your overall financial success
- Create integrated strategies that take into account the interconnectedness of your financial activities
- Identify your long-term financial goals and the steps needed to achieve those goals
- Track your progress and make adjustments as you experience new life events or develop different perspectives
