Financial Planning is the process of aligning your needs, your values and your personal goals with every aspect of your finances to get a complete picture of where you are now, and where you can get to in the future.
It provides direction and meaning to your financial decisions, and allows you to understand how each decision affects other areas of your finances. It is as much about having matters clear in your mind, as it is about having things clear on paper. Effective financial planning brings all of these elements together in one coherent, ongoing strategy.
Understanding why financial planning is important is first step towards a secure, financial future. Regardless of your income, planning your personal finances alongside a financial planner will help you save for the future, protect against the unforeseen and work towards achieving your goals, whilst securing your legacy.