The value of planning is immeasurable

By Don Schempp, Senior Vice President of Torrey Pines Bank
Jan 01, 2010

By necessity, local businesses and residents have tightened their belts and are delving into savings to get through these tough times.

These are good short-term solutions, but the important question is what will be the lessons that endure once the economy changes from downturn to recovery and eventually to growth and prosperity?

I’ve been in banking for almost 40 years and I’ve seen many recessionary periods and times of great prosperity. The common denominator in any economic cycle is that planning for the future is fundamental to achieving your financial goals. Read more!