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What is "financial plan"

What is a financial plan?

For most of the actions in our life we have a plan. It can be explicit (like a house building plan) or implicit (we go from home to the office and always have a route, which is actually a road-plan). Cleaning our apartment we also plan - first clean furniture, second - floor. If we plan such trivial things - why don't we plan our finances?
Financial plan is one of the most important roadmaps in our live! But we usually pay so little attention to it. Why?

Why we don't plan finances?

Do we really have an answer to this question? We lie to ourselves that we have no time for this. But is it really normal to have no time for such an important thing as money? Can we live without money? If the answer is "no", why we do not pay attention to this matter?
I guess that people usually understand that their financial status is not as good as they would like to. And the reason of not having a financial plan is simple: people do not want to the the truth. They are afraid of it.

Why financial plan is so important?

Say, we understand our financial status does not satisfy ourselves. Then... it needs to improve. But to improve something we need three things:
  1. clear vision of the current status
  2. understanding of the desired point
  3. the roadmap from #1 to #2.
and yes, it is actually the financial plan!

Another case - we are happy with the financial status we have now. The keyword is "now". Because the situation may change in the future, and we should be prepared. We might need to build a financial "safety cushion". And, like any building it requires a "building plan" - financial plan.

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