i S.M.A.R.T financial plan...

(The author is the Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Feedback can be sent to mailfpc@ yahoo.com) 



iS.M.A.R.T financial plan:

Life is all about planning and execution. And invest in a S.M.A.R.T way... the iS.M.A.R.T way...

Specific.Measurable.Achievable.Realistic.Time bound way...

Financial planning and wealth creation needs a proper planning if one has to aspire for a meaningful financial future. And remember, what you earn is just one part. The other major part is about making money out of your earning. And that needs a structured planning. Our earning life is also shrinking, as many aspire to take a break early in life or choose to do something on their own. Gone are the days of work life uptil 60 or more. 

Go the i S.M.A.R.T way of financial planning...

Remember, personal investing is not about "one size fits all"concept. It's about individual's profile, family and goals for future. And they vary with each individual. Typical like our size and style of clothing. But one thing is common, that every one has goals for the future.
Money Avenues assists individuals on making a personalized financial plan through i S.M.A.R.T

The plan follows the following benchmarks -

Specific: 

Plan should have a specific direction for the individual. That begins with identification of specific goals one should aim for... It can be children education or one's retirement. But the key is to be very specific on goals and the plan. Money Avenues assists you identify the specific goals and plan.


Measurable:

 

Plan should be measurable and quantifiable in numbers. How much do I need for my retirement?

How much do I need for my children education?

Achievable:

The plan should be achievable in terms of goals and objectives. Remember, plan is being prepared for achieving financial goals and will not serve as a mere document.

Realistic:

Financial planning should be realistic in terms fixing financial goals and creating wealth. If someone wants to plan for his children education/ for retirement within a short span of time may sound unrealistic. Plan must be realistic for achieving goals and objectives.


Time bound:

Any financial plan should be time bound. 

For eg., 

I want to plan for children education after 15 years.
I want to plan for my retirement after 20 years.


That becomes key for a successful financial plan...


Speak to Money Avenues Expert to have your iS.M.A.R.T. financial plan for a secure financial future. Our endeavor is to provide a credible and structured financial plan for your financial success.


(The author is the Founder and CEO of Money Avenues, a Wealth Management firm based in Chennai. Feedback can be sent to mailfpc@ yahoo.com) 

You have read this article with the title i S.M.A.R.T financial plan.... You can bookmark this page URL https://clapclapclappp.blogspot.com/2011/10/i-smart-financial-plan.html. Thanks!