Financial planning

Far from being a complicated process, financial planning is really quite simple. There are basically seven simple steps to a sound financial plan. An Adviser will:

Financial planning is about more than money – it’s about managing your money to get what you want out of life.  Depending on your situation, a good personal financial plan will cover some or all of the following;

Money Management
Smart ways to manage your money day-to-day, savings options and ways to manage debts like credit card bills.

Risk Management
Protecting you and your family from the risk of financial setbacks, covering your debts, death and helping you cope with illness, injury or loss of income.

Business success depends as much on the financial plan as on the business plan.  Whatever your industry, employee numbers or years in business, you should incorporate a professionally developed financial plan into your strategy.

Firstly, consider your goals. For example:

What is financial planning?

Financial planning is all about setting personal and financial goals and working out how to reach them. A financial plan helps you properly manage your finances to achieve your short, medium and long term goals.

A financial plan isn’t ‘one size fits all’.  It’s made for your unique needs and goals.

What does it involve?

A Financial Adviser helps you develop a financial plan. Other Advisers, such as your accountant and lawyer, can still help in their specific areas – but your Financial Adviser brings all these parts together.