On his goals worksheet, James has written down his short-term goals for the next year- He has prioritized his goals and determined a feasible due date by which he wants to achieve his goals- The final step James needs to complete in the goals process is to

What is the most important step in financial planning?
Monitoring Your Financial Progress. Regular communication and follow-up are important steps in the financial planning process. In fact, creating the plan is really just the first step. You'll have ongoing contact with your planner to find out whether you are on track to meet your financial goals.