Australians, on the whole, enjoy a high standard of living and financial opportunity. But an increasingly volatile and uncertain economic climate may just provide us all with the motivation to reflect on, and review our financial future. Why not take the opportunity for a financial spring clean? And then use it as a chance to re-asses, or in some cases begin, a financial plan to help to minimise the uncertainty of your future financial goals.
You could go it alone! Or you could call on the experience of a financial professional such as an accredited financial planner to help you set a clear financial path and to cut through the myriad options available in order to find an appropriate, individualised plan for your hard-earned finances. Just how do you find the right financial planner for you? Or if you already have one how do you tweak your service to achieve the best long term outcomes for you and your money?
Finding a financial adviser that suits you is no different from finding a good General Practitioner, Dentist or Lawyer. Do your homework, check their credentials, shop around, be clear not only about why you want advice but your desired outcomes and get a quote for the services you require. At the first appointment arrive armed with a good working knowledge of your own finances and also with some idea of why you are there and your financial goals. Financial planners should be able to provide you with a whole suite of products and ideas aimed at helping you navigate everything from weekly budgets and investment options to superannuation and retirement plans while providing strategies to protect it all. They should be able to build a good understanding of your circumstances and gauge your accepted levels of financial risk. And then help you to come up with a plan that incorporates both.