Financial planning is not limited for multi-millionaires. You do not need to possess a lot of money to start your financial planning. Early start to financial planning has the advantage of achieving your life goals ahead of others who do not. Financial planning enables you to list out your financial expectation, present and future, and helps you set up realistic plans, objectively evaluate alternatives, and take effective measures. It also helps you see how your financial goals may be interrelated and how they may be balanced with each other.