The greatest myth surrounding Financial Planning is that many believe that it is a luxury for the rich; this is definitely not the case.

The common misconception revolves around many believing the main role of the planner is to invest their money, with the logical conclusion, if I have no money I don’t need a financial planner.  The truth is that Investment of funds is only one function of the financial planner. The role of the financial planner is to assist in identifying financial goals and develop strategies to effectively use your assets and income to achieve those goals. This is a broad all encompassing statement,  but none the less true.

As all of us go through various life stages we enviably encounter life events, that the advice of a financial planner can make a real difference, things such as starting a career or being made redundant, saving for you children’s education or a first home, or even starting a family all have financial planning consequences surrounding taxation, social security and insurance. Proper financial advice at these times will help you achieve your goals.

These are only a few examples of life events that require financial planning advice, our web page as many more examples and links to the advice that may be required this is the link to the life events on our website

Next blog I will discuss some of the life events and some opportunities and pitfalls surrounding those events.

Feel free to contact Future Financial Services for any further  information on life events or any other financial planning matters, Phone: 02 47276588 or via our contact page.