Why Is Goal Setting Important in the Financial Planning Process?

Are you striving for financial security and success? It starts with a clear plan. Goal setting is the backbone of the financial planning process, helping you stay on track toward your financial aspirations.

Without goals, it's easy to lose focus or mismanage your resources, leading to missed opportunities for wealth building. If you're serious about securing your financial future, you need to understand the critical role goal setting plays in that journey.

401(k), Fee-Only Financial Advice, family financial planning, Financial Planning, Financial TipsPhillip R. ChristensonOctober 28, 2024financial advisor

Ultimate Guide to Family Financial Planning for a Prosperous Tomorrow

According to the Federal Reserve, about four in ten American adults were "doing okay" financially around the end of 2023. About one in three said they were "living comfortably." The rest, however, were either only "getting by" (19%) or having a hard time getting by (9%).

family financial planningPhillip R. ChristensonSeptember 6, 2024financial security tips, budgeting for families, investing for children, retirement planning, saving for education