When you go hiking, you follow a set path, or you have a specific set of tools to help you get from one point to another. When you are on a road trip, there is a specific destination you are pointing towards, and tools that you can use to make sure you are headed in the right direction. A financial plan is just like a map for your finances. It can help you hit the major milestones on time. It can prevent you from getting lost and never reaching your destination. And it can help you get back on track after you are faced with a detour.
If you haven't already worked out a financial plan, you really need to take the time to do it. Write down the milestones you want to reach, and then give yourself a deadline of when you want to do it. If you want to get out of debt, you need a solid plan to motivate yourself to accomplish it. If you want to buy a home, you need a solid plan that will make it possible for you to save up your down payment and emergency fund so that you can get a house. Once you have a plan, you can work without all of the additional stress that you may otherwise be facing.