Financial planning represents consulting process.

 Financial planning represents the second stage of our consulting process.

 Financial planning focuses on your income and assets and aims to achieve your goals and life plans.

 Have you ever wondered why you invest?

 Many investors don't know why they save or even why they invest. We help you research your why and better define your life goals.

 How important is it for you to have a project to make sense of your personal and professional life?

Creating a life plan can be scary because it means getting involved and facing change, moving from abstract concepts to concrete goals. But putting a dream on paper is the first step to make it come true.

 Do you have dreams in the drawer and if so which ones?

 The natural predisposition to deal with what happens to us today, ignoring issues that in our hearts we know will have to be addressed one day, is a clear violation of that principle of rationality that should guide us to optimize our choices .

 The purchase of a new car, the studies of the children, the integration of the pension are objectives with different deadlines that need to be planned in order to reach them more easily and without worries.

 The planning process takes the form of identifying the objectives / needs and the subsequent ability to achieve them as efficiently as possible given the available resources.

 What Are The Goals Of Financial Planning?

 ·         Bringing order  to the financial, asset and insurance situation.

·         Acquire full  awareness of priority financial needs and available resources .

·         Create an adequate pension to grow old with serenity.

·         Freeing up available assets .

·         Afford  exceptional expenses , while remaining consistent with the established plan.

·         Protect yourself from the  (harmful) commercial pressures  of the system,  be autonomous and aware of your choices .

·         Lower costs  (to increase results), defend yourself from inflation and tax burden.

·         Protect assets , foresee and manage unexpected events, but above all risks.

·         Optimally manage income and liquidity, but above all expenses; adopt a plan consistent with the objectives set.

·         Dealing with a single interlocutor and having a global vision of heritage.

 What is planned must be monitored and checked periodically to understand if you are getting close to your goals.

 The help of an independent financial planning expert is useful to support you and help you keep the established course or correct it as new needs arise.

 From the statistics published by Plus 24, financial planning seems practically absent among the habits of United State:

 ·         60% do not follow a precise rule in the management of personal finances;

·         Almost all of the remaining 40% decide by sequentially defining one spending target at a time.

 Only a third of the interviewees have a financial plan and of these just under 40% monitor its progress in detail, noting the expenses. Of those who do not plan, 42% believe it is useless to have a plan, either because they lack the ability to save or simply control expenses.

 For a company, a family, but also for the individual, it is unthinkable to face present and future challenges without adequate planning of objectives, resources and savings.

 Waiting is not the solution, but the biggest of your problems, because there is no bright future without adequate financial planning.

  

Posted by: John Labunski Expert Guidelines