The State of Georgia recently declared October 2023 as “Financial Planning Month.” This move underscores the critical importance of financial planning in achieving financial stability and success for individuals and families across Georgia.
“Financial planning is a systematic process that involves setting clear financial goals, creating a roadmap to achieve them, and making informed decisions about managing one’s finances,” said Deanne Rosso, Elevate Wealth Advisory President & CEO. “It plays a pivotal role in helping individuals and families prioritize expenses, save for retirement, effectively manage debt, and build wealth over time. By fostering financial security, it allows individuals to mitigate risks, protect their assets, and plan for a secure future.”
This proclamation highlights that financial planning is not a one-time event but rather an ongoing process that necessitates regular monitoring and adjustments as life circumstances change, she added.
During the observance of Financial Planning Month, Elevate will support activities that raise public awareness about the immense value of financial planning to empower Georgians with the knowledge and tools they need to secure their financial futures and ensure a more prosperous and secure tomorrow.
This proclamation serves as a reminder of the state’s commitment to promoting financial literacy and planning, recognizing that these principles are fundamental to the well-being of its citizens.
“As Georgians embrace Financial Planning Month, they are encouraged to explore the benefits of financial planning and seek guidance from experts within the field,” Rosso added. “By doing so, they can take proactive steps toward achieving their financial goals and building a more secure future for themselves and their families.”