How to Become a Financial Planner

Posted on December 6, 2016 By

32-6Financial planners or advisers are professionals who educate people about the necessity and advantages of investing money, and also guide them in making lucrative decisions regarding the same. They analyze an individual’s current salary, lifestyle, priorities in life, and also his goals, and make a plan that would help in reaching the set goal. They help people in insuring their money for emergency purposes. Some people take up the responsibility of money management themselves. However, there are chances that they may make mistakes due to inadequate knowledge and inexperience in this sector, causing them to lose their hard-earned money.

Taking the help of a planner has become quite common in recent years, either because people are too busy, or because they do not want to take a risk of investing their money wrongly. In this age, when people are very busy, they rely on experts to make important decisions regarding their money. This job is, therefore, very hectic, and involves huge responsibilities. Here are certain important things you need to know if you plan to get into this field.

Becoming a Financial Planner

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How to Survive Being Broke

Posted on December 5, 2016 By

32-5By Ben Smith

So you’ve just been laid off. You’re frantic about what to do because you don’t have any savings. Your bills are not suddenly going to disappear. How in the world will you make it until you have a regular income again? Do not fear, because we have seven tips that can help you keep the cash coming in and pay your bills.

The very first thing to do before trying to make more money, is to eliminate all your unnecessary spending. If you have some optional monthly expense that you can do without, cancel it. Cut back on things like eating out, going to the movies, and anything else you normally do that isn’t absolutely essential.

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Finance    


Financial Planning Worksheet

Posted on December 4, 2016 By

In these times of economic recession, one needs to keep a keen eye on their finances. And a financial planning worksheet is one of the best ways to go about keeping an eye on your expenses. It is like bookkeeping of your own cash flow.

Financial Planning

The worksheet is one of the best ways to keep a check on your expenses. How many times have you found that at the end of the month, you have so little money left, and you find that you are clueless with respect to when and where you have spent all the money? It is one of the most convenient and simple ways of financial management and personal financial planning.

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Basic Money Management Skills

Posted on December 3, 2016 By

32-4Money. That which makes the world go round. It all boils down to the money that we have at the end of the day. Money determines the way we live, what we do, and basically every other decision of our lives. Without money, we are basically nothing. And that, I know, is something that no one will want to go through. So it becomes imperative that we earn well. But earning well is not the end all of everything. It actually begins from there. Money which is earned, needs to be managed well, so that we continue to benefit from it for a long time. And therein comes the part where we need to learn some basic money management skills. Because without these, we will not be able to develop effective methods of money management.

Most of us do not have the knowledge of what some of the most simple and effective money management skills are. So to help you out, this article shall provide you with just that.

Money management skills are not difficult to learn once you get the hang of how to go about it. Given below is a step by step plan that you can follow in order to nurture some of these skills.

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Long-term Financial Planning for Businesses

Posted on December 2, 2016 By

We’ve got a gang of clueless bozos steering our ship of state right over a cliff, we’ve got corporate gangsters stealing us blind, and we can’t even clean up after a hurricane much less build a hybrid car. But instead of getting mad, everyone sits around and nods their heads when the politicians say, “Stay the course.” Stay the course? You’ve got to be kidding. This is America, not the damned Titanic. – Lee Iacocca, a Popular American Businessman.

A probably angry Lee Iacocca was indicating that finance is something that has to be preplanned, planned, re-planned and even post-planned. Financial planning in itself does not involve just setting budgets, wage rates, or deadlines. It is all about getting to know realistic work schedule, the manner in which they can be executed, back up plans that can be used, and the least cost with the help of which the entire project can be executed. So in general, these aspects and growth forecasting, both involve the answers to the four important questions: why, when, where, and how (answers have to be cost oriented).

Steps in Long-term Financial Planning

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