Why Plan?

A good-quality financial plan wakes people right up as it’s like catching a glimpse of your future. Fortunately, the fact you’ve got a plan means it’s much more likely to be happy one!

Financial planning isn’t just for businesses or the wealthy, it’s for everyone!

Just like planning a holiday, it’s crucial to have a plan for life so you have a clear idea where you’ll be at certain junctures in your life, or when you have certain goals you want to achieve. For instance, buying a house, having a family and retiring are three key life milestones. In order to make any of these decisions, you’ll need to know what you can afford and what’s sustainable over the long-term.

Financial planning allows you to map a clear pathway between these key steps and reach each milestone with minimum debt and as much wealth as possible.

To help understand your current position, try drawing up a basic financial plan at home.

There are many ways to approach this, but simplicity is the key.

We wholeheartedly support the objectives of the Commission for Financial Literacy and Retirement Income. Their Sorted.org.nz website offers a wealth of information to help you on the way to financial independence.

Get SortedYou’ll need to set goals for the short, medium and long term – this’ll help you understand your current situation and your future needs.

Debt CalculatorNext, you’ll need to understand your current debt load. The Debt Calculator will help you assess your debt and repayment needs.

Life EventsLastly, you’ll need to consider future life events. The Life Events tool helps you determine your future needs, based on some of life’s key milestones.

This is a ‘once over lightly’ approach, but should have provided valuable insights into your current and future financial needs. Don’t be disheartened if your fiscal outlook appears bleak – you’ve just given yourself a gift!  You now have a clear idea why planning is important.

The next step is to contact us to begin planning your future of financial independence!