What is Financial Planning?

Let’s start with the question “Just what is financial planning?”

Anything you hire a financial advisor to do for you will be funded by your budget. And we all know there are many things competing for your hard earned income. So to me, the answer to the question above begins with a vision of how you want to see your life unfold in the short, medium and long term future. The wonderful thing about achieving financial success is that much of what is needed to accomplish it is in our own hands.

It begins with an ability to make a commitment to yourself to be a saver instead of a spender. Think about it….are you someone who spends their income on your regular bills and whatever else comes up and then tries to save what may be left, or are you someone who saves a fixed amount or percentage of your income each pay period and spends only after your saving commitment is complete?

This is as complicated as financial planning gets, because any client of mine with significant investment assets was a saver long before they were an investor. If you cannot put money away and leave it alone to grow over time it is virtually impossible to achieve your financial objectives.

So if you are a natural saver, you are already on the road to financial success. You may just need some help with directing your savings in the most tax and return efficient ways, and identifying your specific financial objectives..

If you are a spender, the best thing you can do is sit down now and do a detailed calculation of exactly what you spend your money on. I expect you will find ways to turn some of that spending into a savings plan to get yourself started on the road to financial success.

And we at Briggs Financial Inc. are here to help you achieve whatever financial goals you set for yourself. I promise that we will take the achievement of your financial success as seriously as you do.

Securing your Family's Future

Following the advice of a trusted advisor is shown to be a significant factor in building wealth and achieving investment success. Our team can provide sound advice and a Personal Wealth Management Strategy™ to guide & assist you & your family at any stage of life.