Financial Planning

Is Financial Planning Important? 5 Ways a Financial Advisor Can Help You

27 August 2021

How many times in your life have you encountered a financial surprise or even a little bit financially stressed? Unexpected car troubles, medical expenditures, an unwanted fine, school fees, or being unable to work – we all go through difficult times in life.

But as we get older and near retirement, unexpected financial surprises can get bigger and have more of an impact. 

Effective personal financial planning can help minimise the daunting effects of an unexpected expense and help you feel confident about your financial security. Proper financial management can help you achieve your financial goals and objectives. 

So how can a financial advisor help you?

1. Establishing Financial Objectives

If you ever meet with local financial advisors, they will almost certainly start by asking you about your financial objectives or goals in life. 

You may have a few in mind, or you may have no idea. Either way, a financial planner can help you determine and refine your financial goals and build a step-by-step plan to help you achieve them.

2. Managing Income and Spending

A set plan can help you manage your income, expenses, and spending more successfully. The process might be as simple as making a budget, so you don’t have to panic or wonder if you have enough money because you will already know you do. 

Budget preparation and monitoring will assist you in prioritising your spending, identifying needless expenditures, adapting fast as your financial situation changes, and achieving your financial goals.

Plus, a financial advisor keeps you accountable to follow your budget accurately.

3. Tracking Progress Toward Your Goals

After you’ve established a financial plan, you may set quantifiable goals, such as paying off debt or saving for retirement

Having a personal financial planner will help you to track these goals regularly to see if you are on track. If your goal is looking out of reach, they can help you with other strategies to get you to the finish line.

4. Understanding More About Your Finances

One thing that so many of our clients at Cambio Group tell us is that they understand their money and finances so much better. Having financial literacy can help you make smarter, more informed decisions about your money. 

Our experienced, independent financial advisors take the time to explain your financial plan to you so you feel 100% comfortable with the strategies and so that you can work your way towards a better financial future. 

5. Bring You Peace of Mind

While financial planning is all about financial strategies, growing your money, and protecting your assets – the most important thing a financial planner can do for you is bring peace of mind. 

With an expert advisor by your side, you can sleep peacefully at night knowing your finances, your family, and your future are secure.


Do You Need Financial Advice in the Gold Coast?

So many Australians could benefit enormously from financial advice. 

Creating a financial plan takes time and may force you to confront certain financial truths you’ve been avoiding, but it’ll be worth it in the end when you reach all your goals. 

If you need financial planning services in the Gold Coast, meet with one of our expert financial advisors who can help you with budgeting, superannuation, retirement planning, or investments. Contact us today to get started on your financial journey. 


Disclaimer: The information (including taxation) in this website does not consider your personal circumstances and is of a general nature only – unless otherwise stated. You should not act on the information provided without first obtaining professional advice specific to your circumstances.

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For over 20 years we’ve been helping people like you make smart, informed business and financial decisions. We’re in this to make a difference, to help you avoid the common mistakes that prevent people from building a business and creating a life they truly love.

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