The reason is simple. Without it, how do you really know how well you are tracking? A financial plan helps map your financial future, to see how things might pan out if you keep doing what you are doing. It then offers advice and demonstrates ways you can improve your position, explaining how it helps and why.
If you are looking for a means to get on top of your finances and are curious to know what working with a Financial Planner can entail, the following guide will take you through a few of the basics.