Most people do not feel the need to have a personal accountant. Middle-class households generally believe that accountants are only for wealthy families and big corporations. Others assume that they are well educated enough to figure out their own finances. While most individuals and families will be able to manage their own money situations effectively, there are several valid reasons to make an appointment with an accountant. 

Personal Savings
Managing a personal budget is a difficult chore for some individuals and families. The monthly budget should include all the basic necessities, such as food, shelter, and utilities. Other incidentals such as insurance, transportation, and entertainment are often added into the budget ad hoc, which could create shortfalls at the end of the month. A proper budget will include all the regular monthly bills, along with suitable entertainment, and make room for a personal savings plan. Spending plans may have to be adjusted to meet longer-term goals, such as attending college or purchasing a home. 

Investment Plans
A personal accountant or a certified financial planner are great resources when it comes to building an investment portfolio. Coupled and young families are often at a loss when it comes to their personal savings plans. The main concern is that banks often have a relatively low-interest rate on personal savings accounts, and that will not keep up with the average inflation over time. A well-balanced investment portfolio may be the best way for individuals to build their wealth year over year gradually. An accountant can help determine your risk personality and advise a comfortable amount to invest each month. 

Retirement Goals
The years leading up to retirement are often fraught with uncertainty and wishful thinking. As workers begin to see themselves in their retirement years, they may wonder if they will have the funds to travel the world. Some may even have anxiety over covering their monthly bills and having enough food to eat. A personal accountant can assist with retirement planning in several ways. They may discuss the tax advantages of opening a specific type of retirement savings account or recommend working an extra few years. Accountants are also helpful in mapping out the benefits and consequences of monthly spending now versus waiting to make a major purchase before retirement.