This will allow the firm to transform, by way of such adoption of technology, into an even more efficient and client-serving-based model that can survive in the ever-escalating technological and financial environment. According to the Consumer Financial Protection Bureau , strong knowledge and decision-making skills are some of the guiding principles that will assist in weighing options and making an informed decision about the personal financial situation like savings, outlay, comparison shopping in anticipation of future purchases, retirement or long time savings plan.