| Importance of Planning |
Most people would plan if they want to achieve a certain result badly enough. For example, a man who wants to court a woman may have a vision of the two of them walking blissfully into matrimony. To realise the vision, he would plan a strategy perhaps of frequent meetings and implement accordingly.
Unfortunately, many people do not plan for life's goals because these tend to be very long term. People, when healthy and in the prime of life, are generally reluctant to think about what happens to them when they get old. They tend to think that somehow things will work out.
But things do not simply work out. It would be like expecting to reach a destination by sailing without charting a map. Not setting a direction means never getting there. Success does not come by accident. Ask any achiever. Such a person did not achieve success without a clear plan and hard work. |  |
In life, anything that is meaningful is worth planning for. A conscious effort is required to think through what is desired and what strategy should be applied to achieve the goal.
The only practical way to achieve life's goals, be it owning a house or a business, is to do financial planning.
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