Since you’ll include most other components of your financial plan in your budget, it’s an excellent tool for making sure you’re covering all of your financial bases.
The last two components have to do with those two ... You would be insane to use them instead of a GPS. Good financial planning software, like a good GPS, can easily adapt to current conditions ...
A financial plan will also look at any shortfall of funds ... more realistic view. While these basic components are analytical, they form a structure that allows a plan to truly come alive ...