J. Gotta, CFP, Certified Financial Planner 1. Nothing happens until someone sets a specific objective and then directs his thinking and actions toward the attainment of that objective.
Most people spend more time planning their vacation than they do their entire financial future.
No one would think of building a house without a set of blueprints prepared by an architect, yet most people let their financial future happen just by chance. Those who plan for such financial objectives as retirement, education of their children, etc., do so on the basis of the value of today's dollar. They often do not take into consideration the continued increase in the cost of living. Part of everything we earn is ours to keep. The main purpose of life-insurance is to buy time until a financial objective has been attained.