Did you like the Porsche in the previous post? There are a few ways you can get it: inherit the money from rich parents, win the lottery, or prepare a plan to get enough money together to be able to buy one.
We have previously noted that the biggest regret that rich people have is that they did not start planning earlier. What keeps people from getting a financial plan?
- Not enough time? This is usually accompanied by not knowing where to start. After all, if you have never prepared a financial plan before you probably don’t have the expertise to do one that is actually worthwhile.
- They cost too much? Lots of financial firms will prepare a financial plan for you but will charge thousands of dollars. It may be too costly at your stage in life.
- You want to manage your own money? Most of the major investment firms that offer financial planning want you to open an account with them before they will prepare a plan.
Whatever the reason, many people spend more time planning a trip than planning their financial future. If you want to see what we can do for you, get in touch with us.