"Plans are nothing; planning is everything" - Dwight D. Eisenhower
"Without leaps of imagination, or dreaming, we lose the excitement of possibilities. Dreaming, after all, is a form of planning." - Gloria Steinem
The problem with financial planning is that it's not fun. I can't think of one person I have known that goes home on a Friday night looking forward to working on their financial plan. We think about things we'd like to do or places we'd like to be all the time. But when it comes time to putting pen to paper everything stops. While it's easy to procrastinate when it comes to planning, the rewards can be tremendous with a little bit of effort and the right partner to keep you on track.
Top 10 reasons why you should start or update your plans
You will be more likely to achieve your goals
You may learn something you didn't know
You may avoid potential costly mistakes
You will become more organized
You may learn strategies to earn more money
You may discover strategies to pay less tax
You may uncover strategies to reduce the fees you pay
You will be prepared for life's little (and big) surprises
Your family will be looked after
You will gain peace of mind