Mr. Speaker, as a young child, I was taught that he or she who fails to plan, plans to fail. Therefore, Mr. Speaker, this resolution is very timely, given the sluggish economy and loss of jobs. H. Con. Res. 176 supports the goals and ideals of Financial Planning Week. The financial planning process allows individuals to achieve their dreams by empowering themselves to identify and manage realistic financial goals, and to negotiate the financial barriers that arise at every stage of life. Everyone can benefit from knowing about the value of financial planning and where to turn for objective financial advice. The Financial Planning Association designated the week beginning October 6, 2003 as Financial Planning Week, and with good reason. Saving money has steadily declined in this country over the past 50 years, while borrowing has increased. Americans need to work to achieve financial independence, and financial planning is crucial to that process.
Editor's note · Context
Discussing the importance of financial planning during a speech on H. Con. Res. 176.
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