Smart Financial Planning for Families
Effective budgeting and financial planning are pivotal for parents.
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How are you navigating the intricate balance between managing finances and fostering deep connections within your family?
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Enhance your financial literacy by setting goals for budgeting, saving, and investing.
Deliberate Planning vs Discovery-Driven Planning
DELIBEDeliberate RATE planning (traditional / for existing-sustaining):
- make assumptions about the future
- make a strategy based on those assumptions & build financial projections based on that strategy
- make decisions to invest based on those financial projections
Tips For Better Financial Planning
- Check and update the beneficiaries of your financial accounts.
- Life Insurance is an important investment and security net for you and your family.
- Consult an investment professional if you need help in going over all your investment, insurance and retirement plans.
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