What exactly is FINANCIAL PLANNING all about?
To answer this question, financial planning is basically a systematic and step by step approach on how you can achieve your life goals.
Some of you may already be thinking… “Sure or not?! I just made a set of resolutions before the year started and I already forgot what I said I wanted to do.”
Now, how is having a financial plan any different?
Great question!
To live well, you have to first plan well.
In order to plan well, you need to have a clear end in mind. Without clear direction, it would be rather hard to reach your destination. Agree?
Here’s how a good financial plan can benefit you.
- ✅ Firstly, the plan helps you to be in control of your income and expenses.
- ✅ Secondly, to achieve your goals, you need to relook at your current investment and insurance portfolios to make sure you’re on track. Otherwise adjustments can be made to realign your goals.
- ✅ Thirdly, you will have a birds eye view of your finances to help you navigate through your life journey.
Most importantly, it helps you to make better money decisions as you are clear on what you need to do to achieve your goals.
❓ Do you have a good financial plan to carry you through the next 1 – 3 years? What challenges keep you from achieving your goals?
If you like to get started but not sure how to go about it, it’s ok. Let’s have a chat.
Just book a complimentary consultation with me. 😉
Important: The information and opinions in this article are for general information purposes only. They should not be relied on as professional financial advice. Readers should seek independent financial advice that is customised to their specific financial objectives, situations & needs.
Published By:
Pauline Teoh Poe Lin
Pauline was inspired and drawn to the wonders of proper financial planning when she lost a dear uncle to cancer in 2015. She experienced how proper financial planning can safeguard a family’s lifestyle and transfer the love of an uncle to his family.
She graduated from Monash University with a Degree in Bachelor of Business & Commerce. Pauline has over 15 years of working experience. She started her career in various global FMCG companies from marketing to market research, consulting in retail and property market and eventually moved on to financial service industry since 2015.
Pauline obtained Registered Financial Planning (RFP) certificate with Malaysia Financial Planning Council and holds Capital Market Services Representative License (CMSRL) from Securities Commission and Financial Adviser Representative from Bank Negara Malaysia.
Pauline is very passionate to help her clients to achieve financial freedom by identifying their life goals through structured plan. If you are looking for a unbiased and neutral opinion on how to achieve your goals, speak to Pauline to see if you’re a right fit to work together with her.
