Hello and welcome back to the 360 Money Matters podcast! Oftentimes when we see people addressing their financial planning strategy, they address it on an individual basis whether it be trying to get their estate in order or looking for avenues to generate passive income. But in reality, there are a lot of moving parts that have bearing on one another, which can make things complicated.
In this episode, we’ll be talking about the six key elements of the financial planning process. We’ll be touching upon areas of advice and take a step back to look over the entire process in order to provide a deeper insight of what we usually go over with our clients.
We hope this episode will bring a greater understanding of the value financial planners brings to you as we aim to facilitate the financial planning process and make it easier for all our clients to get their desired financial future.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis and Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706
Episode Highlights:
• Ask yourself what your end goals are.
• How to identify and maximise your surplus income.
• Managing your debt to facilitate wealth creation.
• Determining your investment strategy.
• Avenues of risk mitigation strategies.
• The responsibility of planning your estate.
