Purpose of financial planning Creating a financial plan helps you see the big picture and set long and short-term life goals, a crucial step in mapping out your financial future. When you have a financial plan, it's easier to make financial decisions and stay on track to meet your goals. Working with a financial planning professional can secure your financial wellbeing and give you peace of mind and help you reach financial planning success. The major purpose and reason for financial planning is to line up our financial and lifestyle ducks in a row. Most people have a lot going on financially and with life in general, Retirement Annuity plans, Tax-free Savings Account, Life insurance, Pension plans, Education funds, Taxes, Employee benefits, Wills, cash flow to mention a few, it’s very important that we have informed reasons to base our financial and lifestyle decisions on. A personal plan becomes like a rudder for your financial ship. Most importantly it gives you c...
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