Do People Actually Use their Financial Plans?

[Goldynn89]

Many people I've met both offline and online say they have a financial plan, but most of them do things that are entirely different from what they intended to do and thus, end up in the same situation they were trying to avoid.

Granted that things will happen outside your control once in a while, but following your plan would help make things easier than they turn out to be.

 

[Kirubel]

I know that using our financial plan could be hard and that is because the financial inflation and the price change of every products and every goods are happening every time so it is hard to use our financial plan.

 

[Nomad]

If you look at successful people, you will find that they have financial plans and they always stick to their plans. If you analyze unsuccessful people you will see most of then do not have any financial plans, even if that have a financial plans they never stick to it

 

[Kirubel]

True successful peoples are using their financial plans but they are already successful when they plan their financial things, what i am saying is that planning a financial expense is not hard but using it at this time is not an easy thing.

 

[Suba]

In general, a financial plan or personal financial budget is easy for us to make, but it will be difficult to implement in our daily lives, because it requires discipline and obeying the rules that we have made. So not everyone can implement their personal financial plan.

 

[Starmix]

Planning is vital for a business to guide you and without it, you won't have the right direction and focus on what to do. You must have your strategic planning.

 

[arunima25]

A plan is always a good thing to start with, especially when it comes to finance. And along with planning, execution is equally important else the planning alone has no impact. With a plan, one can stay focused and motivated. And even if things don't go as per the plan, you Can always try to get back to it. Without a plan, one can go like a headless chicken.

 

[Stardom22]

Most people that l know in my country they don't. They are confused and don't use any financial plans.

 

[mrki444]

It is same like you ask people do they hold diet plan. Later you hear they eat much things which are not on plan.

 

[codescript94]

Many people I've met both offline and online say they have a financial plan, but most of them do things that are entirely different from what they intended to do and thus, end up in the same situation they were trying to avoid.

Granted that things will happen outside your control once in a while, but following your plan would help make things easier than they turn out to be.

Everyone wants to be in good financial condition, but few people follow their personal projects to the letter, sometimes an investment isn't even what a person really wants to do, they just think about the moment. Everyone who achieves their goals takes many years, this is what we have to take into account in our lives.

 

[Starmix]

Businessmen are wise, they do not just waste their money. They are always planning on how to make their business grow fat. They apply what they write on their plans concerning finances.

 

[King Belieal]

People that find it hard to use their financial plan obviously made the plans without due recourse to reality on ground. That's why they always find it hard to stick to it and end up ditching the financial plan.

 

[eLdavis]

Its one thing to have a financial plan, and it is another thing to follow this plan. Think it takes a lot of discipline to follow a financial plan.

 

[freelancermaria]

Its one thing to have a financial plan, and it is another thing to follow this plan. Think it takes a lot of discipline to follow a financial plan.

Correct. Some have financial plans but they do not stick to them. They do things that are not part of the plan. Hehe.

 

[deucher]

I think that it is difficult for many to follow the plan because sometimes I want variety, I also sometimes do not follow all the rules that I set and can go beyond the planned

 

[Augusta]

Yes. a lot of people have financial plans but a lot of them don't stick to the plan . it isn't easy sticking to plan though

 

[Kera]

If you set realistic financial plan, there is a very big chance that you would use it. It is only unrealistic people that don't use their financial plan.

 

[Kross]

I might not know about other people but I always make sure that I use my financial plan. No need making one of you would not use them.