Which Situations Call For A Financial Advisor? (Part 2)
Have you been contemplating utilizing financial planning services? While financial guidance isn’t always needed for every financial decision or situation, there are certain situations where people can most benefit from financial planning services and where it’s wise to seek out financial advice. Here are some situations where help from a financial advisor would be most beneficial:
You Have Debt
If you’re someone who has debt and are needing help coming up with a repayment plan or a plan to repay your debt and start saving, then you may need the assistance of a financial planner. The reason is because, if you don’t have a debt repayment plan, you may end up spending more money in the long-run repaying your debt over a long period of time, or, possibly, you may even struggle to get out of debt. That’s why it’s important to meet with a finance expert and to find out what your options are regarding repayment and so on.
You Need Help With Planning Your Future Finances
Another situation that calls for help from a financial planner is when you find yourself needing help making a future plan for your finances. Financial decisions need to be made with the future in mind, and it’s important to have long-term financial goals and to start planning as early as you can. However, unless you happen to know a lot about finances and financial/investment trends--which many people don’t--then you will need the assistance of a professional financial advisor to help you plan your financial future.
You Don’t Like Having To Deal With Your Own Finances
Lastly, some people simply don’t like having to deal with their own finances--and that’s okay! However, if you are someone who doesn’t like having to do research about financial-related matters or dealing with your finances, then it’s important that you find someone who can deal with them for you. Your finances are extremely important, not only for your present but also for your future. That’s why it’s important to make sure that you are staying on top of your finances and are ensuring that they are being taken care of.
I'm Michael Rebischke, and as a wealth advisor, my job is to help you manage your financial affairs, and put a plan in place so you can focus on enjoying the life you want to life. As life continues to evolve, the impact of every financial decision is greater than ever. I work together with my clients, providing them with easy-to-understand recommendations, and helping them implement them every step of the way.