The mantra of wise financial planning that we have all heard since we were young is “save and spend less than you make and you will have prosperity.” Though this concept is true and perhaps a great way to, in a very general way, explain how to have financial success, this is just the tip of the iceberg. Finding prosperity is about so much more than knowing basic financial truths and hoping everything will work out. Financial planning is about creating a strategy that requires not only action, but also the full utilization of financial investment products.

What is a Financial Plan?

A financial plan is a fluid strategy that begins with the evaluation of your current financial status and judging what could be potential roadblocks, missed opportunities, and what is also working well. A financial advisor who helps you create a financial plan will take your current net worth, tax liabilities, asset value and allocation, retirement plans and savings, as well as estate saving and withdrawal plans into consideration. They will find out what your life goals are and what your future expenses will be. To put it plainly, a financial planner will look at your entire financial picture and then use their expertise and experience to help you create a financial plan that best utilizes the assets that you already have, choose possibly beneficial investments, and create a financial future that can give you peace of mind.



Why Successful Financial Strategies?

So, why choose a Successful Financial Strategies’ financial advisor? With the unlimited availability of the internet and the ample information at our fingertips, as well as apps, software, blogs, books, etcetera, why choose a financial planning advisor? To put it plainly, why choose to pay someone to help you create a financial plan when you could just look up a financial plan on the internet for free? There are a few reasons why consulting a living, breathing person is better.

They see the whole picture.

Often, because we are living our own lives second by second and hour by hour, we rarely have a chance to see the whole picture and, specifically, the whole picture of our finances. Also, we are connected to our money in an emotional way which skews our perception of our finances. Due to this, we can often overlook our weak spots, our successes, and the opportunities to grow our assets.

There is more to financial planning than budgeting.

Budgeting is a big part of finding prosperity and success. However, that is only the tip of the iceberg. For many who do not have a financial plan or have never taken a proactive approach to their finances, creating a budget is a great next step. However, it isn’t the full solution. Even if you don’t have a job in Henderson or Arden that provides a retirement savings account, you have options to start investing in your future. Also, financial planning isn’t just for those making six figures. It is a strategy that takes what you have, no matter how small, and uses it to grow your wealth. Budgeting will help you have money to save or pay off debt. However, it doesn’t fully address not only how to grow your assets, but also how to preserve them.

They have experience and professional knowledge.

The second reason to invest in a financial planning advisor is that they have experience and knowledge that cannot be replicated by anything but completion of a professional education and the years of using the knowledge. Yes, blogs, books, and apps can give you great financial advice, but a financial advisor can give you personalized advice based on all of their expertise and your financial situation. Also, because of their qualifications, you can have peace of mind knowing that all parts of your financial plan is being addressed and that your financial plan is a long-term solution.

Your finances affect everything. Why not invest?

As we have mentioned earlier, it’s easy just to opt for free or nearly free financial advice. We completely understand why this is attractive. First, if you don’t include a financial planning advisor or other professional, you possess all of the control and you know you can trust yourself with that control. Secondly, if you don’t have very much expendable income or are just scraping by, using part of your income to pay someone to help you make a financial plan may seem out of your price range. However, if you think about it, why not invest money in something as important as your finances, the thing that determines how well the rest of your life goes? You invest money in professional healthcare, paying doctors, specialists and the like. Why not do the same for your finances? Why not invest in a doctor for your finances who can help you prevent future problems and address the areas in which your assets are “sick?”

Charting Your Course

The financial planning process is only the beginning. The financial advisors of Successful Financial Strategies work with clients to clearly identify goals and create a blueprint for strategically achieving them. A financial plan puts onto paper what you want to achieve and helps us to identify the tools necessary to achieve your goals. We understand that every person’s situation is unique, which is why we take a hands-on approach to creating a road-map towards prosperity custom tailored to you! Contact us for a complimentary consultation to learn more about how we can help you.

Our Financial Planning Process