While many of us don’t realize it, we are constantly engaged in subconscious acts of investment planning. We plan how we can best invest the limited time we have at our disposal.

Many individuals confuse financial planning with general savings and investing advice. The sooner you understand the role of financial planning in meeting your short, medium and long-term financial aspirations, the better you’ll be able to control your financial destiny.

For some people, financial planning is mainly concerned with how best to go about building a nest egg, and how to make it last through retirement.

Long before retirement even hits our radars, we’re planning what type of education, skills training and professional designations we’ll acquire.