Financial planning

Why do I need a personal financial plan

So, how and why the plan is being developed. Any plan, personal or corporate, is being developed in order to achieve any goals. And thus, a person must first be understood that it is necessary in the future.

That is, it must articulate its goals. Do not think that it is very easy to do.

As a rule, 90% of people can hardly imagine what they want to achieve financially in the future. To facilitate this task in the planning, we ask appropriate questions of their clients.

The most important financial goals in life are:

- Retirement age;

- The size of pension payments;

- The education of children;

- Buy a new house or apartment, etc.

Thus, the formulation of their own financial goals is the first step in constructing the LFP.

Further, in order to assess whether the objectives are feasible, it should, first and foremost, to bring order to their finances. What does it mean to "restore order"? This means - to understand that man has today? What are the assets and liabilities? How efficiently invested money and bring some income assets?

Incidentally, the determination of the amount of the invested amount on a regular basis underlying the calculation LFP. Determine the amount of the investment, a person assumes the corresponding obligations. But that's OK - to commit themselves to invest. On the other hand, an understanding of what you're doing and what the result of this reach, gives a person confidence.

And that all our customers are united in their opinion. LFP should not remain only on paper - need to start real action and start building your financial future. To do this, you must determine what kind of bank, company, mutual fund, hedge fund you invest your money.

By the choice of financial institutions should also be approached very cautiously, because in the financial markets it works a lot of scams that are weak financial knowledge of people.

Real implemented personal financial plan - is your confidence in the future. And it's not just fine words, it is true.

A month ago, I was fishing at a party with his friend on the lakes in the Vitebsk region. Naturally, after a vodka and soup we had a long talk about life and touched on the subject of money. And this man, who seems to be not interested in money at all, realized by the end of the conversation, he also required a personal financial plan with which it can provide for themselves in retirement.

"I do not need a lot of money, - says Oleg. - I love this kind of life - fishing, bonfire, ear. Why do I need these millions, of which all that dreaming? "

"And how much you need to live like this? After all, some money is still needed, "- I asked.

"Of course, we need. But I have enough 300 dollars a month. "

"Do you have a financial reserve, which will allow you to get the $ 300 in retirement? "- I asked.

"No of course. I reported this never thought. I earn good money is enough for the whole family. "

"And after 10 years, you will receive a pension of $ 300? "- I again took out his own issues.

"What are you doing? Who will give me a pension ??? I will receive all - of $ 50-80 per month. Maybe 100. "And then he thought:" You have probably now something put off to retirement was a reserve. And how much you need to put off something? ".

And since you've read this far, you know that there are no excuses. You have the power over your life. And you can always change your articles of faith. You can learn new views. And now let us turn to your dreams.

Why do I need to invest?

At the time of this writing, the dollar 28, 5p. Further, some of the prices are converted into rubles, to show you that this scheme is available to you. At any point in time. If you are interested in answer to this question, it seems that you have accumulated in the "stocking" any amount, or you're going to save her.

Why do you put the money? On retire? On the education of children? In the new home theater? On a country house?

Suppose you take $ 2000 (57 000 p) of your savings and investing them in the bank. If your money will bring 11% per year, in 30 years they will turn into $ 53, 416.19 (1,522,356 r.) And you can buy a small house in the country.

If you are 20 (or slightly more), you have the greatest advantage for the investor - TIME.

If you invest annually $ 1, 000 in the securities market, the yield at 11% per annum you accumulate more than $ 1 million over 46 years, to the time of retirement.

Of course, getting older, you become more secure and can invest more. Setting aside $ 166 a month, you'll come up to the mark of $ 1 million. After 39 years.

Just tell yourself - I want to invest in order to make his fortune. Regular investments relatively painless for your budget, but the reward for this is a truly royal.

Investing in the stock market, you save up enough money for retirement, children's education, or you will be able to pass his fortune to another generation, and become their most beloved grandfather.

MIRACLE CAPITALIZATION

In the table below you can see how an investment of $ 100 (which is 2850r., Or $ 100 per day) per month, or grows at different levels of profitability.

Five percent - this is what you can get by investing in bank certificates of deposit, or simply putting the money on deposit.

10% - a little less historical returns of the securities market, and 15% - this is what you might get, selecting stocks for investment on their own.

Growth of $ 100 (2850 r.) At various annual returns

Years 5% 10% 15% 20%

1 $ 100 $ 100 $ 100 $ 100

5 $ 128 $ 161 $ 201 $ 249

10 $ 163 $ 259 $ 405 $ 619

15 $ 208 $ 418 $ 814 $ 1541

25 $ 339 $ 1083 $ 3292 $ 9540

Why the difference of a few percent becomes so large through the long period of time? You are a witness to the miracle of capitalization. When your investment income is also beginning to earn small amounts of money can grow very quickly.

Extend the time period or increase profitability and increase your results exponentially. For example, if you start investing as a young, 15 years old, notice how quickly growing investment of $ 100 (2850 p.) Through a long period of time.

Age 5% 10% 15% 20%

100 $ 15 $ 100 $ 100 $ 100

$ 128 20 $ 161 $ 201 $ 249

25 $ 163 $ 259 $ 405 $ 619

30 $ 208 $ 418 $ 814 $ 1541

40 $ 339 $ 1083 $ 3292 $ 9540

50 $ 552 $ 2810 $ 13, 318 $ 59, 067

$ 899 $ 60 7298 $ 53 877 $ 365 726

$ 65 1147 $ 11 739 $ 108 366 $ 910 044

Do not you think now that the miracle of capitalization - the single most important reason for you to start investing immediately?

Every day the invested money is working for you, helping you to gain financial security and stability.

Look at those numbers again. You see, that time can make money! Those who waste time - losing money (remember the famous saying?).

I wish you success and financial independence!

How to make a million

Bearded anecdote: the American millionaire asked how he managed to get rich.

"Well, I came to New York - New York, looked around, bought for a dime ten rotten apples. In the next quarter, sold them for a dollar. Then he bought rotten apples ...

So I dealt with this garbage, and still if Aunt Polly did not leave me his millions ... "

Of course, a loving aunt's legacy - the surest way to improve their financial situation. However, there are still irresponsible aunt, who can offer a loving nephews unless yellowed stack of love letters and enema tube.

After securing the ownership of these touching proof of kinship feelings, the heir can only shed tears of emotion and say goodbye with a career rich slacker. But do not panic on such a grim prospect.

The most stupid thing in this situation - a curse fate for the fact that you are a descendant of the side branch of the Rockefeller family. Well, think for yourself, what joy in the possession of material goods, if they belong to you by right of birth, and you have not had the opportunity acute and unbearable desire?

Where the use of a golf remarkable abilities and talent? Besides, if you believe the fiction and Hollywood cinema, with the rich heirs constantly happens something bad: they are kidnapped in infancy, childhood tramples them mad pony in adolescence they do attempt suicide, trying to swallow a handful of burning large diamonds.

Eventually, they begin to sniff cocaine and die young from the fact that they have nothing more to want. Rejoice, arrogant and poor: in front of us is not worth any of these terrible problems. Well, who would ever think to kidnap the son of a locksmith and nurses? Is that crazy Tamara from the fifth door, to soften the shop in the wine department.

But Tamara quickly will find the district - it does not go beyond the store. Rabid horse you, fortunately, is not threatened. And with a stop overage heir honest, but poor parents would just once: it is necessary to think how to feed his wife and small spinogryzov. Thankful - it does not leave you a choice will have to be a millionaire, whether you like it or not!

Sofa DISEASE

In any case the most difficult - is to begin. In order to impress the world with great achievements, you have to at least get up from the couch. As history shows, this part of the plan is given the Russian people particularly hard. In memory immediately comes obliging folk wisdom: "a well-lived, and there is nothing to start."

I remember the great Russian hero Ilya Muromets, nalezhavshy on the stove so the muscles that, had he lived in our time, could easily lead the whole Tambov Tale ...

Stop! Do not let insidious folklore inspire themselves in the world of dreams. The cruel reality unfortunately is that the sofa can be nalezhat unappetizing except that a couple of folds at the waist and a deep distaste for life.

Of course, the couch is very comfortable to play in front of his wife play "unrecognized genius." However, the monotony of the repertoire can bore even the most docile spectators. If you do not want to bring the poor woman under the article for causing grievous bodily harm to you, it is better not to test her patience.

Especially that the prospects are very seductive. The future master of life is an interesting challenge: to shake the money out of the world, with which it, the world, it is not going to give up on such a trifling occasion, as the appearance of a beggar and another toothed insolent.

HARMFUL Advisor

First the dangers on the road to prosperity - is leadership with numerous vigorous headlines "33 ways to become rich," or "How to make the first million."

Open secret is that these benefits, with rare exceptions, writers create nepreuspevshie in worn boots, having no idea of ​​what a fake memo or roast grouse.

Here are their crowning piece of advice: you should be patient, learn to indulge in all the years of hardship because only make you prosperous and respected member of society. Assessing the quality and style of the Russian language, which is written this unbearable trivial, gently send "33 ways" in the trash.

In this case, the damage done to you gentlemen writers, will be assessed at 10 rubles, that you spent on the purchase of ordinary-looking booklets. If you decided to really go for buckwheat soup and dandelion, you should know that the worst way to achieve anything - is to teach yourself to be content with little.