An ideal Annual Financial Planning Checklist
Failing to plan is planning to fail. The global pandemic has taught us all a valuable lesson of the ages, that there can be unforeseen circumstances that can’t just be a rainy day, but the rainy season of unfortunate events that can be capable of derailing or breaking your life. At such times, just having an annual financial plan just doesn’t work; you need to have an Ideal Financial Plan. An Ideal Financial Planner is the immunity booster to your financial health. Not only does it help you manage your short term and long-term financial situation, but also help you make sound financial decisions on your goals, and determine the methods to achieve them. Creating an ideal financial plan includes taking into consideration all your assets (how much you get paid, what’s in your savings and checking accounts, how much is in your retirement fund), as well as your liabilities, including loans, credit cards, and other personal debts. Now that your resolve to make a debt plan is strong, he...