Title: The Secret Of Your First Step To Financial Freedom Is With Your Wealth Advisor
1The Secret Of Your First Step To Financial
Freedom Is With Your Wealth Advisor
2For most of us, this situation has become all too
familiar
I want to grow my portfolio. I want to retire
rich. I want to improve my financial wellness but
I dont know where to start.
3Perhaps your busy work schedule or your focus
with your children made you set aside your
long-term financial plans. But let me tell you
one thing there is no better way to improving
your wealth than to actually just start and do
it.
4To jumpstart your way to early retirement or
maximised capital or compounded wealth, here are
some sure-fire steps to get you started.
5Make a Financial Plan
- List down how much capital you want to have after
investing for a decade or which trust funds do
you plan to venture in the next five years. By
being transparent about your objectives, you will
find it easy for you to navigate through your
existing resources and plan out how you can
achieve your desired securities.
6Assess Your Net Worth
- Make a record of all your assets and then deduct
your liabilities so that you will have an idea of
your net worth. Use this as a guide on your
investment strategy so that you can minimise
risks.
7Have an Emergency Fund
- Allocate at least 30 percent of your monthly
income for this special savings that you should
only touch when a personal crisis arises, like a
medical emergency or damage to one of your
beloved home furniture pieces.
8Do not limit your financial security effort with
a bank account alone
- Consider investing in stocks, bonds, and other
money-making opportunities in order to multiply
your wealth. However, it is best to research on
the options and match your venture with your risk
personality.
9Get professional
finance assistance
- There is totally nothing wrong with acknowledging
that you are not a personal finance expert and
seeking help from a mentor or a highly
experienced wealth advisor. Before your
investments become too overwhelming for you to
understand, consult an expert right away.
10Get professional
finance assistance
- There is totally nothing wrong with acknowledging
that you are not a personal finance expert and
seeking help from a mentor or a highly
experienced wealth advisor. Before your
investments become too overwhelming for you to
understand, consult an expert right away.
11Always keep in mind that at the end of the day,
the decision to become wealthy lies with no one
but you. The first step in financial freedom must
start with you and you alone. Never be
overwhelmed with the magnitude of steps that you
have to undertake in order to set the right
direction.
12Consult with Advice Hub to help you achieve your
financial planning goals.
13ADVICE HUB
https//advicehub.com.au