I've been hearing a lot about "asset mapping" in financial planning recently, and I'm curious to learn more about how it works and if it's worth incorporating into my financial strategy. From what I understand, it involves creating a visual representation of all your assets, liabilities, income streams, and financial goals.
For those who've used asset mapping, how has it changed your approach to managing your finances? Do you find that it gives you better insight or control over your financial situation? Are there specific tools or resources you would recommend for someone new to this concept? Additionally, how time-intensive is it to maintain an up-to-date asset map? Would love to hear about any experiences and tips that could make integrating this tool into my financial planning more efficient and beneficial. Thanks!
