When things get scary, we all look for something to protect us. A new approach, somebody who seems to have the latest and greatest idea. But, often it is the simple, basic action or idea that is best.
When it comes to financial planning during these times, the same is true. Chances are you don’t need to find a new strategy or way of doing things. What you need is this simple thing: Have a plan. In this article, H. Jude Boudreaux, CFP, partner and senior financial planner at The Planning Center, outlines a simple approach to making a plan.
Jude Boudreaux, CFP®, is a Partner/Sr. Financial Planner in the Chicago and New Orleans offices of The Planning Center, a fee-only financial planning and wealth management firm. Email him at firstname.lastname@example.org.