A text-only version of this complete section, designed for printing, is available here . Financial planning sounds mysterious and complicated. You might think that it isn't for ordinary people. In fact, most people do plan, even if they don't realise it.
Planning makes the management of finances more thorough and exact.
It means taking stock of your personal finances every so often, looking forward and deciding what you need to do now to achieve your future goals. It all sounds too difficult.' 'Everything is always changing. But none of these arguments stands up. The amount of time needed to keep track of your personal finances and to plan them is normally quite small. If you have relatively straightforward financial affairs, an annual review may be sufficient.