{"id":2087,"date":"2020-01-03T15:29:15","date_gmt":"2020-01-03T04:29:15","guid":{"rendered":"https:\/\/saige.com.au\/?p=2087"},"modified":"2020-01-03T15:56:19","modified_gmt":"2020-01-03T04:56:19","slug":"getting-financially-fit-for-2020","status":"publish","type":"post","link":"https:\/\/saige.com.au\/individual\/financial-planning\/getting-financially-fit-for-2020\/","title":{"rendered":"Getting Financially Fit for 2020"},"content":{"rendered":"\t\t
If you\u2019ve made any new year resolutions for 2020, then the odds of you sticking to them are seriously stacked against you. Research shows almost 80 precent of new year resolutions fail by the second week of February1<\/sup>. New year resolutions generally fall into three areas, health, relationships or money, things we all struggle to get right consistently.<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t When it comes to money, a financial plan<\/a> may not be at the top of your 2020 resolution list. However, it just might help you tick off some of your big-ticket items. Whether it be to get married, start a family, buy a home, or in fact retire, being financially fit will reduce the financial stress of achieving these significant life events.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Much like seeing a personal trainer to get physically fit, seeing a financial planner will help you get financially fit not just for 2020 but for the rest of your life. If you are not exactly sure what a financial plan is or what a financial planner does, then you have come to the right place.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t A financial plan:<\/p> Instead, a financial plan actually is:<\/p> A financial plan is a comprehensive and specific guide customised for you. It is professionally prepared by a Certified Financial Planner covering all aspects of your current financial situation. It outlines an individualised approach with specific details to get you from where you are today to where you want to be financially in the future.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Some key aspects of the financial planning process include:<\/p> A financial planner\/adviser should be someone you can trust and also communicate with easily. They should be able to explain everything in a way you understand. They should clearly explain where you are today and what needs to happen to get you to where you want to be in the future. They should recommend the right mix of financial products and administer these products on your behalf and conduct regular reviews with you.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Financial Planners should also be clear on how they are paid, either from a financial planning fee, commissions or a mixture of both. They must also legally operate under an Australian Financial Services Licence (AFSL) and be authorised to provide advice on the financial products they recommend to you.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t While most new year resolutions will struggle to survive, by having a robust financial plan in place you can be more confident of achieving your personal goals in life without the financial limitations or stress that can often put them out of reach.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Saige Accountants and Financial Planners<\/strong> provide financial advice on the Central Coast. Our expert advice team, led by Certified Financial Planner Brett Call, goes above and beyond every day to ensure you have a robust financial plan that it is regularly reviewed as your circumstances change. We are proud to have many long-standing customers who we have truly got to know over the years and have developed highly trusted relationships. Talk to us about your 2020 financial aspirations.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t“80 precent of new year resolutions fail by the second week of February.”<\/h3><\/blockquote>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
A financial plan demystified<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
How a financial plan works<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
The role of a Financial Planner or Adviser<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
Helping you achieve your personal financial goals<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t