Sunday, November 18, 2012

Financial planning???


The first question that pops up in most people's mind.
Investopedia definition "A comprehensive evaluation of an investor's current and future financial state by using currently known variables to predict future cash flows, asset values and withdrawal plans."
Let me just take a situation into consideration: God forbid an emergency pops up in your house and one among your family member needs to under go a operation or a treatment, what would you do in such a situation? There are so many things to be taken care at the moment.
For example understand whether the problem is genuine (thanks to the doctors who now a days magnify and probably even add up things), take second opinion, look after the finance and, in case existence of health insurance run around for the claim. Lets look at the same situation from another aspect. What if you just have to go the hospital get treated and come back? Doesn't it sound a little more comfortable? 

Let me share a case. There was this person(Mr. A) who had severe stomach pain. After a few tests the doctor practicing at one of the biggest hospitals declared it as Cancer. Mr. A was shattered. Fortunately he had a medical cover. Just to accelerate his claim settlement he got in contact with Certified Financial Planner(CFP) with some medical knowledge and a good network.  On checking the reports the CFP did not find any traces of cancer but felt it was a case of Kidney stones. On getting a second opinion the doctor agreed with the CFP. All this matter was then handled and settled by a CFP. The doctor was made aware that he cant get away by fooling innocent people and a claim for Kidney stones was raised and instantly settled by the insurance company. That's the reality of the world.

CFP is a person who looks after all aspects of a personal finance. They first Secure your present by checking your insurance covers. Help you in understanding and putting down your goals. Invest in such a way that all your dreams are fulfilled. They offer you services like Insurance Planning, Investment Planning, Tax Planning, Child education planning, Child marriage planning, Retirement planning and Comprehensive Financial Planning.
Once a Financial Planner takes over all these aspects then an individual's problems are reduced to a great extent. During times of market crises a CFP doesn't promise growth but would definitely design and implement a value based strategy to minimize the possible loss.

For people who are interested in knowing there current financial position and want to over come their shortcomings by seeking the assistance of a professional financial planner (CFP) please fill in the form in the link below.


We would be glad to assist you and help you in achieving your financial goals   

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