A long-term financial plan will address all aspects of your finances. This plan should outline a timetable of when you will purchase a house, when you will retire and any career changes you plan to make. It should also include an investing strategy and a plan to build wealth.
This plan will help you make financial decisions over the next few years and can be one of the most beneficial things you do. A financial plan can be more effective than just setting random financial goals without looking at the bigger picture. Your plan may be different if you are single than if you are married, but it is essential to have one, no matter your relationship status.