Where do I go for help with my finance planning?
Looking for the best place for advice on my short term and long term finance planning.
Related Items
- Valentines Idea Advice help!!!!!!!?
So this is my idea. Im going to put a rose and a note on her car handle so before she goes to school she gets both of them. My question is, I have no ... - I’m planning a Valentines date in Boston and I need a little help…?
I want to take my girlfriend into Boston for Valentines Day... We're taking the train down from Portland, I bought Blue Man Group Tickets, I was think... - help for valentines date plzzz i need advice.?
im 15 and theirs this girl who im gonna take out but i need help figuring it out im thinkin about a movie but i need some extra advice and shes havin... - I need to lose some fat some good diet/excersize advice?
I need some help losing some body weight, I've finally just decided that I want to lose the weight-I've tried in the past and failed. I am overweight ... - How to learn to play guitar quickly and easily while having fun?
I have wanted to play the guitar all my life. My parents got me a guitar a couple years ago, and some books. I have tried maybe three different forms ... - help with getting fit!!?
im hoping to join the navy soon as i have only got my medical and my pre joing fitness test to do which consists of a 1 and a half mile run. im 26 yea... - How to get a slimmer face?
My face is chubby and fat so I wanted to know different methods of physically slimming down my face. Any ways of doing so will be a huge help but I re... - Weight loss help and advice: exercise and slimming world?
Hi, I am a last 20's female needing to lose about 7stone (I am very overweight!). I have recently joined a gym/leisure centre and was wondering what s... - Can any one help me here and tell me about capsiplex red-hot pepper slimming pills?
Does any one here tried it so can tell me about the result? Excuse me I appreciate each one advice and words but I don't need to be told about how wro... - What are good FREE websites to go to for help planning a diet to lose weight at age 13?
Ok, I know you're not supposed to diet at an early age but I do a sport called crew (rowing miles in boats) and it is required that I lose weight and ... - Were you overweight and lost a huge amount of weight?
I would like to know how was your workout schedule, how much you lost and in what amount of time. I am trying to lose weight myself and i am in the pr... - What is something that can help me while I work to lose weight? Diet/exercise tips? Anything!?
I'm currently in my first week of changing my eating habits and beginning exercising to lose weight and get in shape. What is some advice or tips that... - How do i go about getting an apple expert to help me purchase online?
I am planning on buying a few items from the Apple Store online. I heard that if I go to the apple retail store, they will do it for me. If I want ... - How to make a food concept?Can you please teach me where to start?
I'm planning to build a restaurant,but i don't have food concept yet?I would like ask ur help.international food concept. ... - What is considered as junk food?
I am planning to stop eating some junk food for a while. I get confused what's junk food. I know hamburgers, hot dogs, chips, cookies, sodas, candies,...
May 30th, 2010 at 12:20 am
You want the best place? The best place is to become self-educated. Go to your local bookstore or Amazon. Buy 3 or 4 general books on financial planning. Look for highly-rated best-sellers, and include at least 2 of those in your 4 books.
Then read each book at least twice.
In addition, subscribe to the Wall Street Journal. There are some economical subscription packages. The Wall Street Journal has increasingly focused on individual needs and interests; besides, it’s interesting and well-written.
That should give you a basic grounding on financial planning. It’ll also help you determine what areas you need to learn more about.
Then–and only then–look to others for advice. That way, you’ll have some idea whether the advice you’re getting is good, and whether it matches up with your needs and comfort level.
May 30th, 2010 at 1:16 am
Find a good financial planner. This is not necessarily a planner at a large institution. Find someone that you are comfortable with. Someone that you can trust and understands your goals. Interview more than one. Actually set up an appointment with three or four and choose the one that best suits your needs.
I agree somewhat with the first answer but if you do not have time for this a good person handling your investments will help you learn. That said, there is nothing wrong with a little self education. Reading a few books on investments and yes even subscribing to a good investment newspaper.
Good luck!
May 30th, 2010 at 1:18 am
I buy houses is correct. The best financial planner is yourself. Read a few books. Learn how to make and keep to a budget. Learn what to do with your savings. Understand what you can afford and what you can’t. Invest at your risk tolerance not your financial advisor’s. And save some money on fees at the end.
May 30th, 2010 at 1:34 am
My best advice is to learn how to understand money and the traditional role it plays in all our lives. Then a perspective on how money affects our relationships with others. This information, plus learning and doing a monthly budget IN ADVANCE are great tools in managing money and financial planning.
Dave Ramsey’s book The Total Money Makeover changed how I look at money, plus reveals to you that your GREATEST wealth building asset is your paycheck. By avoiding the costly mistakes of always having car and other payments, you can build wealth and live better.
Good Luck
May 30th, 2010 at 2:01 am
If you are looking for a simple and free method of managing your money try this site:
http://www.budget-planner.co.uk
Input your income and regular outgoing details and use the inbuilt feature to mark them off as and when you receive/pay them. Also use the spending record feature to keep track of your spending.
May 30th, 2010 at 2:49 am
Assume you’re in the UK?
I think it’s all very well suggesting that you should read a number of books, self-educate, re-read books etc, but what if you don’t have the time or the inclination?
People in general are more financially astute than ever before, but you’d be surprised the number of people that I come across that literally don’t have a clue.
If you don’t have the time or inclination to self-educate, you can contact a number of people, depending on your requirements;
eg. for debt counselling, contact Citizens’ Advice, or Nationaldebtline. Don’t pay fees to a company offering to ‘consolidate your debts into one easy payment’ – waste of time and your money.
If you want generic financial planning advice, then I suggest using a financial adviser. There are different types in the UK; tied, multi-tied and independent. Personally I wouldn’t see a tied advisor. There are some very good ones, but they are restricted with their product choice and the areas that they can advise on. Multi-tied advisors serve a purpose if you work in a specific occupation and the advisor specialises in that area e.g. public sector employees, NHS pension scheme etc. Otherwise, see an Independent Financial Advisor (IFA).
IFAs will give you the choice of being remunerated by paying them a fee or working on commission, or a combination of the two (a Whole of Market advisor can broadly-speaking advice on the same products but works on commission only).
The best IFAs work on a referral basis only. Ask your friends, family or colleagues for a referral.
In the same way that there are good and bad doctors, builders and teachers, there are good and bad advisors. It is advisable to apply a degree of common sense and read up as much as you can on different types of savings and investments, pensions, mortgages and insurances – have a look at http://www.moneymadeclear.fsa.gov.uk/ which is produced by the Financial Services Authority.