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As a consumer, is it to my interest to engage someone who can do comprehensive planning? PDF Print E-mail
Written by Wilfred Ling   
Thursday, 30 July 2009

The benefits of a comprehensive financial plan are:

  1. Provides direction;
  2. Instills discipline;
  3. Gives positive emotional health; and
  4. Creates a future you can look forward to.

The opposite of a comprehensive plan is a piece-meal plan.

The dangers of piece-meal plan are:

  1. Directionless;
  2. Ad-hoc – addressing problems only after those problems suffice;
  3. Negative emotional health; and
  4. Uncertain future – you live day by day not knowing what will be happening tomorrow.
 
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