Financial Planning

Does Financial Planning Provide Psychological Benefits

Financial planning is often seen mainly as numbers, spreadsheets, superannuation, investments, maybe tax or estate matters. But there is growing evidence—both in Australia and internationally—that a structured, intentional financial planning process brings psychological benefits: less stress, more life satisfaction, better resilience. One foundational work is Kym A. Irving’s “The Financial Life Well-Lived: Psychological Benefits of…