Question

consider the statement "Everyone has a financial plan, but not everyone has financial goals." Explain why you think this means.

Answer 1

Many peoples financial plan is the present, you say you'd like to buy a cheeseburger at lunch. You can afford it so you buy it. Financial goals are set to reach high goals I.E Buying a house, you adapt your financial plan on a day to day basis to reach your financial goals of the future.