Ignoring your financial plan does not pause the clock; time continues to pass regardless of whether you review your accounts. The first step in financial planning is to assess your current situation, similar to taking a car for a checkup after years of use, so you can align your strategy with your current goals, timeline, and priorities.
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Ignoring Your Plan Does Not Pause The Clock #financialplanning #thehappyfinancial #financeHinzugefügt:
Ignoring your plan does not pause the clock. Let's say someone plans to retire at 65, but they haven't looked at their account in years. What's their first step?
>> The same thing as if, you know, you've owned a car for 5 or 10 years and you've never gone in for a checkup. First step is let's take a look and see how things are going. Whether it's good or bad, doesn't matter. First step is let's figure out where we're at so we can take the right step towards going where we want to go.
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