6 Easy Step To Create a Financial Plan

A personal financial plan provides strategies for dealing with periods of personal hardship and helps develop a prudent economic agenda for you and/or your family.

Step 1
Divide your financial life into six categories: assets, liabilities, property and casualty risk (house, car, personal injury and so on), personal risk (life, health, disability and so on), education (for children, if applicable) and retirement.

Step 2
Put a dollar figure to each categories.

Step  3
Add up all assets, then add up all liabilities.

Step  4
Subtract liabilities from assets to calculate your net worth.

Step 5
Evaluate your lifestyle if the net worth is negative, and investigate ways to pay off debt.

Step 6
Develop ways to build on your existing budget. If your net worth is positive, your priority will be to evaluate your lifestyle, transfer "insurable risk" to insurance companies, and invest more to create more wealth.

Or if you want it easier, we can help you to develop a comprehensive financial plan which include your Networth Statement, Cash Flow Statement, Retirement Plan, Education Plan, Insurance Needs Analysis, Investment Analysis and also we have a Risk Profile Test. Others will charge you more than RM2,000.00 for a similar plan. All this can be done online and total privacy and only cost RM399.00.

What's more if you are in Malaysia and invest in the stock market and Unit Trust, we will provide you with the Daily Bursa Malaysia and Unit trust price alert when your targeted price is reached. Call us today at 012-3083011 or email us at myfc123@gmail.com