People who have a financial plan feel more confident about their ability to manage their finances and are more likely to report themselves as "living comfortably"—even if they are in lower income brackets, according to the latest survey from the Consumer Federation of America (CFA) and the CFP Board.

[CFP Board CEO Kevin] Keller said that consumers need to be educated about the benefits of financial planning. He suggested that they visit the consumer site at the CFP Board's website, www.letsmakeaplan.org, which offers guidance on how to make a plan and how to find a CFP® professional. Read more >

Advisor One
Marlene Y. Satter
July 23, 2012