Do you have a financial plan in place?
What is a financial plan?
Aspirations and dreams, we all have them! You might want to buy your own house, renovate yours, send your kids to college, travel the world, or retire early. No matter how big your hopes and dreams are, you need money to put them in place.
This is where your Financial plan comes up.
It acts as a guide to help you through life’s journey and helps you achieve your goals and realize your dreams. It will start by asking yourself – what is important to you in life? What are the things you want to do and achieve? Ask yourself “why is money important to me?” »
A Financial plan is the framework that helps you think about your future and gives you a structure to achieve the things in life that matter to you. It establishes your short, medium and long term goals. This is a flexible plan that will change as your circumstances and goals change. For example on marriage or the birth of a child. Financial planning is a process, not a one-time event. You can run all the spreadsheets you want, but life will inevitably get in the way! Financial plans need to be open and there will always be changes along the way that you cannot predict in advance.
We help people figure out how much it costs to live, understand where their money will come from once they stop working, and think about how they want to spend their time and money in the future.
Example of areas we help you focus on:
- Focus on reducing your debt.
- Give your mortgage a technical check and see if you can negotiate a lower rate.
- It is important to have an emergency savings fund in place – the equivalent of 6 months salary is recommended.
- Protect your family’s finances if something happens to you? Agree that this is a priority and put a cover in place.
Once you’ve clearly defined your most important goals, you can start by making a plan and sticking to it as much as possible. If you don’t know your WHY – then it will be more difficult.
Looking for help creating your own Financial plan? Contact us at [email protected]
Financial planning Sunrise AG
Sunrise Financial Planning Ltd. is a long-established family business with its roots in Limerick for over 47 years. It’s led by Gráinne Ryan CERTIFIED FINANCIAL PLANNER™ who helps demystify financial jargon as much as possible.
We help simplify our clients’ finances by providing tailored expert advice that helps them make informed decisions to secure their financial future.
We do this by getting to know them and discovering what is important to them in life and the things they want to achieve in the short, medium and long term.
We look at their current situation and their resources and see if they need to make any changes now to achieve their goals.
Secure your future now and contact us!
Sunrise financial planning | 34 O’Connell Street, Limerick | 061-412388
Sunrise Financial Planning is regulated by the Central Bank of Ireland.