See how we rate investing products to write unbiased product reviews. Financial planning helps you track and manage your money to reach your financial goals. To create a strong financial plan ...

That means your financial plan has to continually evolve. That begs the question, what does a financial plan actually do for you? Do you even need a financial plan? Or, do you need financial planning?

Financial plans are documents, often created with financial planning software, that look at a client's entire financial position and lay out a road map for them to achieve their goals. While this ...