Comprehensive financial planning builds a foundation that allows you to see the big picture– a crucial step in being able to prioritize multiple objectives, understand trade-offs, and make good financial decisions.

Here are 10 ways you can benefit from financial planning:

◊  Identify and define your financial goals
◊  See if your goals are realistic, especially for your timeline
◊  Bring your spending in line with your goals
◊  See what money mistakes you are making
◊  Measure your progress on your goals
◊  Find new ways to maximize your savings and minimize your taxes
◊  Identify risks you hadn’t thought of
◊  Build wealth
◊  Be more financially confident and comfortable