Financial Planning

Financial planning is a step by step process to meet your life goals. It is the most important building block on your journey towards a secure future.

Financial Planning can be described as, “the process of developing strategies to help people manage their financial affairs to meet life goals.”

It is SMFS’ vision to create financial independence for everyone in India and Financial Planning is the most important step in that direction.

In creating their recommendations and plans, financial planners such as SMFS may review all relevant aspects of your financial situation across a breadth of financial planning activities and suggest a wholistic financial plan to maximise your financial stability.

A simple way to understand the entire process

  1. Figure out where you stand with your finances today – list down all your assets and liabilities and reach your current net worth
  2. Make a list of all your goals – figure out how much money is needed for each goal and when (inflation has to be factored in)
  3. Understand your risk appetite as this plays a key part in determining your asset allocation
  4. Make an Investment Plan – choose asset classes and specific instruments in each class that align with your needs and risk appetite

Benefits of Financial Planning

Reach financial goals

You might have always dreamt of purchasing your dream car or to impart the best education to your children. Financial planning can help you in achieving all these goals by investing in the right financial instruments.

Deal with emergency

You might have always dreamt of purchasing your dream car or to impart the best education to your children. Financial planning can help you in achieving all these goals by investing in the right financial instruments.

Increase savings

A part of the Financial planning process involves tracking all your expenses. This helps cut down costs and increase your savings in the long run.

Peace of mind

Once you have gone through the Financial Planning Process and have a proper financial plan in place that takes care of all your monthly expenses and ensures that you are investing enough to attain your future goal, you have all but guaranteed yourself peace of mind.

How can we at SMFS help you?

 SMFS is here to guide you at every step of the Financial Planning Process and be your loyal partner on your journey towards a secure future!

We help you safeguard your family and yourself by advising you on Health Insurance and Term Insurance plans to suit your needs.

We help you deal with any unexpected crises by setting up an Emergency Fund.

We help you understand and achieve your long-term and your short-term goals.

We help you attain financial independence and peace of mind.

Please contact us to book an appointment to start your journey towards a secure future.

 

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