A financial planner is a professional in money management and investment. When thinking about their figure, some only consider the part of investments. The reality is a little different. Just like the architect of your dream house does more than draw lines and creates structures, the work of the financial planner goes beyond helping you get more return on your savings.
A good financial planner like Dwayne Rettinger is a travel companion, a reliable person who will help shape your economic future and improve your relationship with money. These are the many ways in which a financial planner will change your life; the few elements that will help you improve. Thanks to him you can.
- The first step of any financial system is saving. Without saving there is no possibility of achieving financial freedom. Whether you already save or not, this professional manager will help you balance your budget and make sure you save what you owe.
- Know your cats; know where your money is going. Among the first things that the financial planner will ask you is to design a budget that will allow you to know the flow of your money to save more. Knowing how you are spending your salary will allow you to make informed decisions.
- Have a savings budget. In addition, the financial planner will ask you to directly allocate a part of your money to savings.
See where you spend more than normal. Is it logical to allocate 2,000 Euros a year to insurance for two cars of more than 10 years each? And allocate 300 Euros only to electricity? A financial planner will put your expenses in perspective compared to those of other people in a situation similar to yours.
Differentiate needs of expenses. “It is surprising to see that many things Track your finances. The players say that getting there is not the hardest thing, but staying. A planner will help you continue after that initial effort and give you tools to keep track of your finances.
Avoid Big Mistakes:
Experience is a degree and a financial planner has seen a thousand and one battles and financial barbarities. With him by your side you will not fall into the mistakes that most people commit and you will also make more accurate decisions.
You will avoid that mortgage with floor clause. An expert financial planner like Dwayne Rettinger will help you choose a mortgage that you can really afford and that does not include harmful clauses. It will also help you to see if they compensate you or not all the products that the bank wants you to contract with the mortgage to lower the interest rate. In other words, it will be easier for you to give with the mortgage that you really need.
You will avoid getting into debt for what is not necessary. Ask for a loan to go on vacation? Financing your Christmas? Ask your financial planner and you will know what to do in each moment or how, as a rule, it is not positive that you are indebted for everything that is not getting an asset.
You will avoid investing in ruinous businesses. A financial planner may not be an expert in companies, but he does understand financial management and can give you an interesting opinion about the business you want to undertake and if your finances can support it.