ITFS Financial Adviser, Financial Planning an authorised financial services planner Sydney for Retirement Planning, Investment Advice, financial advisor & Superannuation, Wealth Asset Protection, Social Security, Debt Management and Estate Planning

1. Planning is required by us in order to make things happen in the
favourable way and this holds true for each and every aspect of
our life. Starting from our daily routine and up to long term
planning like planning for marriage of the kids and other important
post job plans. There is a well said proverb in the English language
that if you fail to plan then you plans to fail. We also know it very
well that each and every thing which we need to have requires
some money and with every plan there is a need to have a
separate plan for the financial obligation or liabilities arising
because of the root plan.
When I was studying a task to prepare a balance sheet for the life
was allocated to all the class. Any balance sheet have two sides left
side of any sheet compromises of assets that a person have and
other side has the liabilities. While preparing a balance sheet for
the life time we were allowed to consider our future incomes with
a surplus of ten percent per annum as our assets and all the future
liabilities were considered to be arrived with a fixed date. The
biggest mistake all the students made was not to considered
unplanned events to occur in the futures and were helpless to find
the answers to any uncertain event that may happen in the future.
Well purpose of stating this event here is to illustrate that life is a
uncertain event and any financial planning may include this

2. uncertainty in order to make this uncertain life a little bit certain.
Although it is possible to do financial planning by yourself as you
might have an idea of what you are going to have in the future but
proper optimisation of all the present resources you have is very
very very important and for this you may need to consult any
financial advisor or financial planner. Any financial planner is a
person that suggests the best possible investment plans to your
assets in order to make them bigger. There are more than one
ways to do so like investing money in different different ventures
like investment in shares and debentures, in various trade options
and in many other government investment plans. Many
government investment plans allow certain amount of tax
relaxation and few financial investments
acts like tax shield to many of the
enterprises or individuals.
Before asking consultation to any such
financial planner or advisor be sure of your financial obligations
you might have in the near future or in the far future. Any
successful planning depends over the exact imagination of the
future liabilities and obligations. Any financial advisor is very well
aware of the fact that there is need to have surplus funds in the
life as it is a highly uncertain venture and they often plan taking
this fact in to the account. One more thing I want to share which is
about a misconception there are primarily two basic reasons by

3. which any person may seek financial planning Sydney either to
plan his or her future financial obligations or to Increase the
amount of the financial assets by seeking returns on the
investment and both of these need separate strategies. While
trying to secure the life it is important to invest in low risk ventures
while neglecting the low return on investment values.
– “There is a need for financial planning in order to
accomplish the future liabilities and obligations. Any good financial planner
or financial advisor will take serious consideration over every financial
responsibility any person may have as it is the base of any good financial
plan.”