With any type of financial planning, it is important to define your goals

FIN370- With any type of financial planning, it is important to define your goals

Subject: Business    / Finance
Question
With any type of financial planning, it is important to define your goals and be specific in writing them down. Just as you try to solve for complex problems, stating the problem correctly is the first step. In financial planning, why are clear goal statements essential toward developing your plan?