You wouldn’t start on a road trip without knowing the route you want to go — or at least the destination. So why would you start your financial journey without a similar plan? That’d be like jumping in your car in Washington, D.C., and heading west in hopes of running into Portland, Ore., at the end of your trip. Sure there will be some road signs along the way, but it could be a much longer journey that doesn’t take you to your desired destination as quickly as you wanted. Alternately, you could get yourself a reliable map, research the trip online, or consult a travel agent and plan your trip, including where to stop overnight, so that you know where you are at all times, can check your progress daily, and arrive at the time you wish and in the condition you wish.

A good financial plan is like a map and itinerary for your road trip. You pick your destination – your financial goal – and then find the perfect route to ensure you get to your end point in the most efficient and effective way that doesn’t hinder your day-to-day life. You’ll be able to avoid any glaring risks and prevent a lot of stress and anxiety along the way. But of course, you can’t guarantee the trip will be complete smooth sailing — there could be a minor traffic jam or a major construction roadblock — but by having a plan in place, you’ll be more adept at handling these little surprises.

For more information about how to find the best route for your financial journey, visit tswealth.com.