Finance Planning: Beginner's Guide To Planning Finances
This book contains proven steps and strategies on effective financial planning that works for you and your family.
Most of us do not have a financial plan. If we do, we don't know enough to prepare a comprehensive plan that works for us. It is not easy to trust a financial planner, as most of them appear to be only interested in selling us what they have rather than show us what we need.
This book is written to help you understand the various aspects of financial planning.
It discusses the various steps, processes and stages involved in preparing and executing your financial plan. It also lists out the various questions that you need to know to ask at each stage.
Here is a quick overview of some of the concepts that you'll learn in this book:
•Concept and definition of financial planning
•How to select a financial advisor
•The 3 parts of a financial plan
•Steps involved in financial planning
•Reasons why some of us don't have a financial plan
•Costs of not having a financial plan
•Concept of saving
•Two types of savings mindsets
•Purpose of cash flow planning
•Concept of paying yourself first
•Various income filters
•Conventional and unconventional models of saving
•Different ways of saving
•Concept of growth
•Factors involved in investing strategy
•Net worth
•Tips to maintain a 'planner' mindset
•Effect of timing on investing
•How not to let media headlines derail your plan
•Protecting your assets
•Components of protection
•Types of insurance
•Questions to ask while looking to insure
•Types of wills and contracts
Along with going on about 'what to do', I have also discussed the 'why' aspect of financial planning, the mindset that you need to maintain through the process as well as some useful tips.
The purpose of this book is to help you get over your apprehensions and limiting beliefs and get started with the process of your financial planning.
To get started, buy the book now.
This book contains proven steps and strategies on effective financial planning that works for you and your family.
Most of us do not have a financial plan. If we do, we don't know enough to prepare a comprehensive plan that works for us. It is not easy to trust a financial planner, as most of them appear to be only interested in selling us what they have rather than show us what we need.
This book is written to help you understand the various aspects of financial planning.
It discusses the various steps, processes and stages involved in preparing and executing your financial plan. It also lists out the various questions that you need to know to ask at each stage.
Here is a quick overview of some of the concepts that you'll learn in this book:
•Concept and definition of financial planning
•How to select a financial advisor
•The 3 parts of a financial plan
•Steps involved in financial planning
•Reasons why some of us don't have a financial plan
•Costs of not having a financial plan
•Concept of saving
•Two types of savings mindsets
•Purpose of cash flow planning
•Concept of paying yourself first
•Various income filters
•Conventional and unconventional models of saving
•Different ways of saving
•Concept of growth
•Factors involved in investing strategy
•Net worth
•Tips to maintain a 'planner' mindset
•Effect of timing on investing
•How not to let media headlines derail your plan
•Protecting your assets
•Components of protection
•Types of insurance
•Questions to ask while looking to insure
•Types of wills and contracts
Along with going on about 'what to do', I have also discussed the 'why' aspect of financial planning, the mindset that you need to maintain through the process as well as some useful tips.
The purpose of this book is to help you get over your apprehensions and limiting beliefs and get started with the process of your financial planning.
To get started, buy the book now.
