Financial Planning starts with a conversation about you and your relationship with money. The goal being to help you understand your risk tolerance and what matters to you. If you want to still the waves of money anxiety, you are building your capacity to deal with complexity, randomness, and ambiguity.
We do not, and cannot, have a complete understanding of cause and effect. We cannot know in advance what the result will be for each path we pick. If we did, we would all just pick the one that took us to our intended destination. The rules are always changing. You cannot just do exactly what has been done in the past and expect the same result.
A good conversation about financial planning starts with understanding you as a person, how you see money, what your goals are, and what you value. You do not get paid for taking risk. You get paid for adding value in monetizable areas others have signaled is in short supply.
Risk tolerance is mainly your ability to adapt, adjust, and accommodate. Like physical strength and flexibility, risk tolerance is something you can build through exercise.
Then you make money, or your money makes money, by solving problems for decision-makers with money.
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