Financial planning is a tool that helps you achieve your goals, but how exactly does it help you in creating wealth? It’s easy enough to come along to a meeting with one of our financial advisors and develop some new strategies but most people feel like this type of service won’t help them in the long run. Here are the three steps to wealth creation through effective planning.
1. Understanding your values
When thinking about the characteristics of a workable and viable financial plan for you, we want to start with finding out what is most important to you. Our Footscray based financial planners will sit with you to discover what is most important to you in your life. It’s not fair to come to a financial planner and leave feeling like you have to change the things that you love, which is why our financial planners work with you to find ways to help achieve your goals without compromising your lifestyle.
2. Creating a plan with your financial advisor
During your consultation, our financial planners will pay close attention to the things that are most important to you. Once they have done that, our financial advisors will go away and spend some time coming up with ideas and planning tools that will help you achieve your goals. This might include a statement of advice, some budgeting tools or some recommendations about how to achieve some of your financial goals. There is no magic fix for achieving your goals, but there are certainly tailored solutions that may assist you.
3. Checking in with your advisor, plan and direction
Over time, our financial planners will make sure to follow you up and guide you on your wealth journey. Following from the conversations that you’ve had with our planners, they are sure to assist you with any ongoing queries that you may have and will provide you with the tools to ensure you achieve your goals.
Be sure to have your free one hour consultation with one of our financial advisors. Give us a call to book in a time.