Do you have a plan to fund your child's college education?
a.
No, I haven't started saving yet.
b.
Yes, I have started an Education Savings Account (ESA).
c.
Yes, I have started a 529 plan.
d.
Yes, I have started an ESA and a 529.
3.
Are you successful in making investments on your own?
a.
No, I never make investments.
b.
No, I haven't invested successfully.
c.
Yes, but investing makes me nervous.
d.
Yes, I've had success with investments.
4.
Do you have the time, training and temperament to make your own financial plan and stick to it?
a.
No, I need help starting and sticking to a plan.
b.
No, I don't have much time to spend monitoring a financial plan.
c.
No, I don't have the right temperament for it—investing makes me nervous.
d.
Yes, I am already sticking to a plan.
Scoring
If your answers are "a," "b" or "c," a planner could make a difference in securing your future.
And even if all your answers are "d," you still may want to try one. With so many variables to contend with, it's hard to be sure you've made the best financial plan for yourself and your family. Consultants can help with everything from debt management to goal setting, from insurance coverage to tax planning. Give it some thought.
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