The plans of the diligent certainly lead to profit, but anyone who is reckless only becomes poor.
Proverbs 21:5
That works for me as a Sunday thought, and I like it. Financial Planning is something that needs diligence and your undivided attention, and if you are reckless in your planning you will most likely be poorer for your lack of diligence.
I have been guilty of acting quickly or without enough information and every time it has cost me money. If you are doing something that you are not sure you should be doing, when it comes to your finances at least, most of the time, you shouldn’t be doing it.
Be diligent, make the plan and then stick to it.