Constructing a financial plan is often compared to building a house for a few key reasons:
- There are many different processes involved, from pouring foundation to building support structures
- Both take time, preparation, and deliberate execution
- Each is difficult to do alone.
Financial planning involves more than just creating a solid budget – it also addresses retirement, education funding, insurance, investments, taxes, and estate planning. It is never too early to develop a comprehensive plan and prepare for your future.