FINANCIAL PLANNING

Introduction

Financial planning is the process of meeting your life goals through proper management of your finances. Life goals can include simple ones such as buying a home, an investment property or saving for your children's education; to much more complicated ones such as planning for your retirement or achieving financial freedom.

A financial planner is someone who uses the complete financial planning process to help you figure out how to meet your life goals.

• A financial planner helps you take a `big picture` view of your financial situation and makes financial planning recommendations that are right for you; and
• A financial planner can look at all of your needs including budgeting and saving, taxes, investments, insurance and retirement planning.

Financial planners are similar to GPs in the medical field; they work with other specialist financial advisors such as mortgage, tax and real estate professionals. Without the big picture outlined by a financial planner, property investors can often find they are being given conflicting and confusing advice from different specialist advisors who are mainly trained within their own areas.

The outcome can be no different to a patient trying to book himself in to see a specialist without first waiting for a proper recommendation from a GP. We all know that specialists get paid for their part of the effort regardless of whether or not the work that specialist does benefits the whole.

The focus of Investors Direct Financial Planning is to help our property investor clients set up their financial objectives with workable plans, and to assist them persistently towards achieving their financial objectives.

Find out more about Investors Direct Financial Planning Services