What strategys should I use to develop a sound personal financial plan?

What are some of the benefits of developing a sound plan?

These days with the economy so horrible, buy a safe, cement it into your home and put your cash in there. Investments are like a time bomb and you’d be a fool for putting your money into an IRA, retirement fund or stocks.

Hang on to your cash before some con man steals it all like Madoff did to so many people.