5 reasons you must plan your finance
“Financial planning is like navigation. If you know where you are and where you want to go, navigation isn't such a great problem. It's when you don't know the two points that it's difficult”
– Venita VanCaspel
The below reasons are why you must plan your finance
- It helps you allocate items on your budget smartly
- Prepares you for changes in lifestyle or environment
- Financial planning aids efficient cash outflow management
- It gives you a financial growth roadmap
- Aids in forecasting what future expenses will look like