Revisit your financial plan regularly from "summary" of The Wealthy Barber by David Barr Chilton
One of the most critical aspects of managing your finances is consistently reviewing and updating your financial plan. You cannot simply set a plan in motion and forget about it, as circumstances and goals change over time. By revisiting your financial plan regularly, you can ensure that it remains aligned with your current needs and objectives. Life is unpredictable, and unexpected events can have a significant impact on your financial situation. By regularly reviewing your financial plan, you can anticipate and prepare for any potential changes that may arise. This proactive approach allows you to adjust your plan accordingly, ensuring that you stay on track towards achieving your financial goals. In addition to unforeseen circumstances, your own goals and priorities may evolve over time. What seemed important to you a few years ago may no lo...
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