4 Ways to Find An Useful Financial Planner

If you are an investor and find it hard to take out valuable time from your schedule to manage your money or is not able to understand how to do it, then the best people you can contact is a financial planner. They are people who possess the right idea about the financial market and therefore, help out their clients in the best possible way.

However, to get the best results it is very important that you hire the services of the right financial planner, who will understand what your financial goals are. Nobody would want to give their money to the wrong person to manage it. There have been numerous cases where individuals have been cheated by fake people. So, check out the ways mentioned in this blog and contact the right people.

Ways to hire the most appropriate financial planner

Check for credentials

What people usually do is, they check with family or friends for a financial planner. Some even search online. Once you have got some names, check out their credentials and verify whether they really live up to their claims. Wealthclock Advisors in Mumbai is a reputed name in this respect. 

Avoid those who try to sell

There are lots of people who claim that they are financial planners but in reality, they just talk about a few products and focus on doubling your investment money through these specific products only. They are simply sellers and not financial planners in reality. You need to differentiate them from the true ones.

Planning as well as execution skills

It is very important that you evaluate the planning as well as execution skills of your selected financial advisors. Just because they are certified to plan, charge a fee and provides you with simple planning structure does not imply that they qualified. You need to see if they have the ability to plan and then execute it. 

The best planners will provide you ideas relating to the selection of the Top performing mutual funds in India. 

Fee-only planner

Planners who charge fees for their services are highly unlikely to sell anything to their customers. So, these will then be the right people for your services. These are some of the most important things that one need to consider before hiring a financial planner. So, hire the best financial planner and do the right investment. 

Easy Ways To Overcome Financial Stress and Resolve Financial Problems

Money can not only be a source of happiness but also has the ability to turn a person's life, upside down. They are a source of extreme pleasure but can also cause extreme pain. A lot of investors have lost their money owing to the volatile nature of the financial market. Valuable investment money when lost can be really painful to handle and depression may creep in.

People stress over a lot of things. Some may worry about running short of money for their children's education purpose while others may think about critical situations in the future. But whatever may be the reason, the stress levels among people are rising considerably and finance is a strong reason behind it. Many pieces of research back this fact too.

It is not possible to always control the reasons behind stress but one can definitely take some important steps for the same. Knowledge of the right ways, adequate market research, doing correct calculations, planning in advance, and timely action are some of the ways by which people can reduce their financial stress levels to a great extent.

3 common reasons for financial stress and their resolution

In this article, some common reasons for stress and their useful solutions are mentioned below.

Losses in equity investments

Even though investors have become a bit smart now when it comes to adopting the right practices, a lot of them still now believes in redeeming their investments as soon as the market hits a downfall. Investors should learn how to respond and not react to market movements.

This signifies that if someone has invested in equity mutual funds they should not let be intimidated by market situations. There are no reasons for worrying about short-term losses. Confused investors can take the help of capable financial investors in this respect. Wealthclock Advisors is a reputed name in the world of financial investment.

Shortage of money at month's end

There are many reasons available for people to be stressful about their financial aspects. Most people have an improper budget or an unstructured way of handling their money. This leads them to spend lavishly without thinking of saving for the future. This leads to a shortage of money at the end of the month and they suddenly start worrying about the future!

So, to get rid of such a problem people need to prepare a budget at first after categorizing the needs and wants. They need to evaluate their spending habits and refrain themselves on certain occasions. Questions like how to save money fast? can be properly answered by skilled advisors only.

Improper goal setting

One starts worrying when they are not able to meet their goals. Sometimes this can happen because of improper goal setting. People need to start making plans in advance and also do appropriate calculations for arriving at the right future goals. The right goals will provide them with the right direction and methods.  

Useful Financial Planning Tips For People to Live a Better Life

For individuals, investment can be an extremely stressful thing. Every person has certain financial and personal responsibilities along with their existing goals. Then there is the additional responsibility of taking care of aging parents as well as paying off educational fees of children, if any. The investment period can be quite tough and one needs to figure out some ways that will help them sail smoothly through it.

The best thing, in terms of finance is, people will have a higher pay at a point in their career than what they had during their younger age. This will be extremely helpful towards meeting their set financial goals and objectives. With a rise in income structure, people can invest more and save wisely to have a financially secured post-retirement life.

Everyone has their own list of goals. Some need to earn and save more to meet their child's educational expenses while others need to take care of their parent's ailments and any such resulting emergencies. Beside these needs, a lot of people love to go on vacations and monetary support is required for this. So, one needs to know how to manage their money better and indulge in fruitful monetary activities.

4 useful financial planning tips for living a better life

This article has discussed ways to live a better and financially strong life.

Proper retirement planning

After reaching a certain age, people need to consider retirement planning as it is a very necessary process. The truth is that EPF along with pension from the job will not be sufficient to maintain a good lifestyle. Hence, this calls for retirement planning. One also needs to consider inflation in the long run too.

While engaging in retirement planning people need to consider the increase in health care related expenses and other kinds of emergencies as well. 

Useful investment schemes

One needs to invest in different financial instruments that will facilitate their children's education needs and other kind of needs as well. Mutual Funds Investment Plans in India are a great way to earn heavily through financial investment. The deposits made in this respect should not compromise the retirement savings anyhow.

Debts

After reaching a certain age people need to seriously think about clearing all their debts. Everybody needs to maximize their savings for the future and thereby, the absence of debts will ensure they are not held back anyhow. Some wise choices like getting rid of unnecessary credit cards and changing lifestyle habits should be made. They need to know how to save money fast.

Insurance

People need to know how to properly manage their income. Insurance is needed for the sake of betterment of the family. Hence different schemes are needed to be scanned and only then, the best ones are to be chosen. Term insurance is a great option in this respect. A competent financial advisor will be extremely helpful. 

These are some tips that will help people to live their life in a better way.

Top Ways to Reach Your Financial Goals Systematically

Every financial investor needs to have certain financial goals and objectives. If you are looking towards investing in a scheme, but do it on a random and unplanned way, then you will not receive the results that you were expecting. This will cause heartbreak and thereby, it is very important that you work hard and in a systematic way to reach your financial goals.

What advantage will you have if you set financial goals? Well, you will get a good idea about how to carry about your investment-related activities in the best way possible in the future. A crystal clear direction will help you to proceed in the right path that will ensure you have the best experience amidst your investment steps.

You need to contact the best financial advisors who will help you out in your financial advising process. What good will they do? An expert financial advisor will bring their experience into the play here and thereby provide you with the best ideas regarding the same. There are plenty of ways to reach your financial goals in a systematic way. They are mentioned below in this blog.

The best ways to reach the set financial goals in a systematic manner

Wealthclock Advisors in Mumbai is one of the best financial advisors present. They will help you out severely in this respect. Not every investor is able to set the best goals for himself and any wrong step can lead him to serious trouble. So, check out the ways mentioned below and set the most suitable goals for yourself.

Proper planning

Proper planning will give you the right direction that you need to follow. This will also help you save the required money. If you do not have the right idea of where to invest your valuable money, you may waste both your time and money. The best investment plan with high returns in India can be located through proper planning.

Realistic goal setting

You must make sure that you set achievable goals. This is needed as unrealistic goals can lead to expectations not being fulfilled. This will cause heartbreak and thereby, the goals will not be accomplished. Your goals should be set considering your present income level as well as what the future might be.

These were some of the best ways that will help you out if you are thinking about setting goals for the future and reaching them in a systematic way.

Thinking About Financial Planning? Know the Benefits of This Process

We all know that we cannot predict what the future holds for us. But one thing for sure, we can all be prepared for days to come. All of us have certain goals at different stages of life. When they are achieved, our life truly becomes how we wish it to be. But achieving them becomes a challenge. With the aid of proper financial planning, failure can be a distant thing!

The truth is that there are loads of benefits associated with financial planning. We must take the steps, involved here, in the right way and only upon doing this, will we be able to taste success. Life is very much uncertain and before we know, it can become a total mess!

So, financial advisors will always recommend to start financial planning from a younger age. We will check out the different benefits of financial planning in this blog. They will make readers aware of their importance and how useful they are towards the improvement of lives.

The distinct benefits linked with financial planning 

The beauty of financial planning is that it ensures the correct amount of money is available with people at the right moment in the future for achieving particular financial goals. Choosing just the best investment plan with high returns in India is not sufficient. Following the relevant steps is important, as the benefits related to them are quite appealing.

• Every individual has their own distinctive risk-appetite. The beauty of financial planning is that it is completely based on such risk-appetites and provides the needed road map to attain financial goals.

• Proper financial planning can help you to look at the bigger picture, in regards to your financial position. Also, it will guide you towards an examination of your present financial status along with the determination of objectives. To know more about the process, contact Wealthclock Advisors in Mumbai.

• Another big advantage of doing financial planning is that it will help you to devise strategies or plans towards meeting your goals, keeping your present situation and future plans in mind. Financial planning helps in the identification of weaknesses and thereby, you can improve them to achieve better results.

• Financial planning is the process of managing your valuable money for achieving financial satisfaction. The process will allow you to have control over your financial situation and thus provides you with the feeling of security. You will have lower stress levels! 

Why Do Experts Suggest Financial Investment At a Younger Age?

A lot of people begin investing their money into different monetary schemes for achieving good returns. The overall aim is to fulfill their respective financial goals or give them the financial strength to execute their different financial plans. Investment is a great way to increase earnings and with an increased earning, the wealth creation process is enhanced.

However, a lot of young people have a misconception that they cannot carry about the tasks of investment until they are old. They tend to associated age with the process of investment. Do you have the same misconception? Did you know that most expert financial advisors will suggest just the opposite? Yes. It is a fact that one should begin their investment process from a younger age.

Experts have a wide range of reasons that support this statement and if you are seeking them too, then this blog will provide you with the same. Wealthclock Advisors is a reputed firm that strongly operates on this belief. Financial Planning and Advice in Wealthclock Advisors is based on the principle that investments early on can benefit hugely. How so? Let's find out below.

What are the reasons that support financial investment at an early age?

Financial investment gets better with time and thereby, starting from a younger age helps. Let's have a good look at the reasons below.

• The most basic reason behind the same is that investors will be able to make more money over time. This reason is very obvious but at most times it is overlooked. When investors do this, they will be able to find those investments whose value increases with time and they can reap off their benefits. So, start investing early on!

• The top-performing mutual funds in India are great for leading a good quality of life. Therefore investors should invest in them from early on. When they get close to their retirement time, these funds will hugely benefit them. Today, retirement can be a hassle-based time. So, experts suggest that investors engage in retirement planning from a younger age. 

• Advance planning always helps an investor. When young, investors can spend a lot of time contemplating the right investment scheme for them and plan for the future. With advanced planning, they can improve their lives or handle financial matters easily later in life. So, because of these reasons, it is recommended that people begin investing from a younger age. 

Some Financial Mistakes That you Must Avoid Early on In your Life

A lot of us are casual when it comes to financing. We tend to not take it that seriously as we should at a younger age. This has the potential to cost us high as we age. There are some common financial mistakes that affect us heavily. And so, everyone should be aware of them from beforehand. This blog intends to do the same.

Everyone plans to begin their desired career at one point in time. But most of us do not engage in different financial activities even after joining a job. The truth is that once we start working and earning, we must start planning to create wealth, secure our post-retirement life and also towards earning more through investments.

When it comes to financing, there are a lot of thoroughly capable financial advisors available who can guide us the right way. Wealthclock Advisors in Mumbai is one of them and they too will agree with the 2 common financial mistakes that we will now discuss below.

2 financial mistakes that you should be careful of at a younger age 

There are different kinds of investment modes available today. So, one should choose the best investment plan with high returns in India for wealth creation purposes. This should be a top goal for every young person looking eagerly towards beginning their career.

Delaying the investing habit

We spend our school and college lives on a very limited budget and do not get to spend that much on the things we love. But when we begin earning, we tend to slip and are unable to control our urge to spend more. This is wrong. We should rather think about the future and begin our journey of investment.

It is a known fact that if we start investing from an early age, we will get a lot more time for our investments to compound. The more our returns compound, the more we will be able to accumulate.

Spending via credit card

With a salary account to our name, we often get lured into the charm of a credit card. We are not able to control our urge to spend more and soon our credit starts to pile up and they charge a higher interest too, that makes things worse for us. Spending money that one does not have can get themselves into a debt trap.