What can a financial advisor do for you?

Planning for, managing, and discussing financial issues can be challenging for even the most money savvy individuals.  Financial issues not only affect the person who earns the money, but affects the family and the future of those who work. Money needs to be saved for an emergency fund, saved for a home, college, and retirement.  When determining the amount of money one needs, many aspects need to be accounted for.  This is where a financial advisor can help.  A financial advisor and/or financial planner can outline the areas in which one needs to save in comparison to the income being brought into the household.

Financial advisors have the education and experience to determine the input and output of your money and the path your money should follow. An advisor not only helps aid in the savings for emergencies and retirement, but also for planning vacations, starting a family, reducing tax expenditures, and possibly starting a business venture.  A financial advisor will help determine exactly where you and your family are in the stages of saving by helping you make informed decisions based upon success.

What can a financial advisor do for you?  A financial advisor can help you in:

  • Outlining your current income/expenses
  • Laying out a savings plan
  • Helping make sound decisions on realistic goals
  • Assess current and future financial health
  • Help create a realistic financial plan best suited to your needs and goals
  • Monitoring progress and keeping you accountable and on track with your goals

 

Latest Posts

Monsanto Restricts GMO Cotton Seed to India

Monsanto Restricts GMO Cotton Seed to India

Monsanto Co. recently withdrew an application that was seeking regulatory approval for cotton seeds to be sold in India. This took place in the middle of a debate with the government on the subject of royalty fees. According to the spokesperson of Monsanto Co., Christi Dixon, the application was…

Brexit vote: Finance ministers meet to discuss impact

Brexit vote: Finance ministers meet to discuss impact

An urgent meeting with Chancellor George Osborne has been called by UK finance ministers from the three devolved governments. This came after Finance Secretaries Derek Mackay from Scotland, Mairtin O Muilleoir from Northern Ireland, and Mark Drakeford from Wales met in Cardiff. The finance ministers…

Wells Fargo fined for $70 million for mortgage malpractice

Wells Fargo fined for $70 million for mortgage malpractice

The U.S. Comptroller of the Currency fined Wells Fargo on Wednesday due to some malpractice in mortgage services. Between March 2013 and October 2014, according to the regulator, Wells Fargo made some escrow calculation errors. These errors, in some cases, led to incorrect denial modifications. The…

What you need to do before you quit your job

What you need to do before you quit your job

Quitting your job is a dream for many, especially if you’ve been unhappy there! In other cases, it may be as simple as moving on to greener pastures: a higher salary, a better position, or a company that is more compatible with your career and personality. Regardless of the scenario, ending…

How do you determine if you can buy a house?

How do you determine if you can buy a house?

Owning a home is a gigantic milestone in our lives. It’s not a decision that should be taken lightly as it is a huge financial commitment, and locks you into a specific neighborhood (renting always keeps your options open). If you think you’re ready to buy, there are a few things to keep…

What is a Mutual Fund?

What is a Mutual Fund?

There is no strict legal definition of the term “mutual fund”. Usually, the term “mutual fund” means an investment fund that is open to the public. A mutual fund is a way of investing money collectively with other investors. The main advantage of investing capital through a…

What is a Mutual Fund?

What is a Mutual Fund?

There is no strict legal definition of the term “mutual fund”. Usually, the term “mutual fund” means an investment fund that is open to the public. A mutual fund is a way of investing money collectively with other investors. The main advantage of investing capital through a…

Greece’s last chance to be in the Eurozone!

Greece’s last chance to be in the Eurozone!

On July 7th , 2015, European leaders will have a final word with Greece and there they will decide how to respond to the Greek referendum. The country is almost bankrupt and the complete financial structure has been collapsed. Standing in such a grave crises when the question rises whether Greece…

LATEST Videos