Drawing up of the personal financial plan
Each of us wishes wellbeing. Money gives the chance to be engaged in favourite business, does possible implementation of desires. But how effectively to operate finance? The personal financial plan is necessary to you is a realistic approach to achievement of your financial purposes. Average term on which the plan – is calculated 10 years.
The first and the most important are your desires and aspirations. You should answer a question – «That you really want?» «I want to be rich» – the answer wrong. It is so possible and to remain in 10 years where you are now. Every day people earn money, not so many people to you will tell to which financial purpose they aspire. The majority circles «earned – spent everything that earned». What sense in it? Therefore in the personal financial plan all very individually. For example, someone is quite happy with the life, and someone wishes to change everything considerably.
With what to begin? Plan the financial purposes. Estimate the current provision of your affairs. Make the list of what you have today. Analyse assets/passives, an income/expenses. And it is better to do all this not independently, and to address to the financial adviser. But remember, the adviser should know your requirements accurately. One dream of a country house in French riviera, others – about purchase of the spacious apartment. And the third wish to make good repair. Pay attention to okna-rolet which are popular modern metalplastic windows.
It is interesting, what not everyone calls when scheduling the exact sum according to each item of expenditure. Many people cannot estimate the assets. And after all happens so that it is more expedient to sell any unclaimed asset and to invest means.
Before starting to save and increase it is necessary to insure itself and the relatives. The second condition is reserve creation, for semi-annual comfortable accommodation of all family. It is necessary to feel sure. The third condition – start of the pension plan. On pension the stock is surely necessary is can be either the bank account, or an accumulative insurance.
Accumulation of the capital is best of all for beginning with bank. It is caused by that bank deposits have two main criteria – attractive conditions and reliability of deposits.