Business If you are looking for no-cost financial planning advice to aid your financial planning objectives, here are some information to help you get started. In the first place, many people never reach their financial objectives for a very simple reason – they simply do not have a plan. In some worse case scenarios, they do not even know what they want. The first thing you may want to change is your mindset and attitude. Start thinking like a financial planner, even if you are not one. This change in attitude alone can make a big difference to how you handle your financial affairs. You may have already heard – 95% of the population in this country (in fact, perhaps every country on this planet) will be poor and broke by the time they reach their retirement age. Sad fact, but the numbers do not lie. What seems to be the problem? Obviously, it is the lack of a financial plan and lack of good financial planning advice. And the first bit of good financial planning advice is that you should actively manage your own finances. Try not to leave it to a financial planner totally. They are good at what they are doing, that is, to work out your financial plans and give good advice on financial products and services. However, the responsibility lies with yourself to actively manage your own investment portfolio to achieve the highest return possible. Of course, this should be done within the context of your own risk appetite. Here are some financial planning advice on what you need to take note of when drafting out your own financial plan. Take some time out to list out the things that you want in life. These can include major items such as the type of house you want, the type of car you want to drive, the places you want to go for vacation and so on. They should also of course include the usual expenses that are incurred each month. Now go and list out all the expenses – both major and minor. Once done, you will have a clear idea of how much funds are needed for all these items. Do remember you need funds for savings and investments too. So do give good thought on whether all the expenses listed are really necessary in the first place. If not, it is definitely a much better idea to "spend" them to grow your investments and savings. Here is another thing to note. Financial planning advisers can be great partners when .ing to your personal financial planning. Their financial planning advice may not always be free (remember – the "no free lunch" adage still rings true), but the professional ones may be worth spending time and money with. But like I mentioned earlier, you still hold the responsibility to actively manage your own financial portfolio. Just by getting in touch and working with a financial planner can and do help one to sort out his finances pretty quickly. But it is alway advisable (and better) to be financially educated too. If you are financially well educated, you will be able to make good and profitable investment decisions. All rich people and the financially independent know a good deal about investment and money-making Have you wondered why the rich and wealthy are what they are? The reason is this – most of them are financially well-educated enough to be able to spot profitable investment opportunities. They are very "aware" of financial numbers. For you to be like them is not too difficult, if you start modelling their way. For a start, get involved in your own money matters. Be very conscious and clear of where your money is .ing from or going too. This one bit of financial planning advice will prove to be very rewarding to your financial bottom line. About the Author: 相关的主题文章: