29 January 2024
Colette Machado
Financial Planner
Genistar’s Financial Plan is a Sat-Nav for your finances. It guides you on the route toward your financial goals.
What Is a Financial Plan?
You don’t need to be a rocket scientist to know that driving to a destination without planning your route is a big mistake. It’s a sure-fire way to either end up somewhere else or take longer than necessary to arrive. Or both!
Years ago many drivers wouldn’t leave home without their trusted A-Z book in their glove compartment. It was a driver’s best friend. That book has now been replaced by modern technology and what we all know as the Sat-Nav. The Sat-Nav has helped many drivers arrive at their destinations with ease, letting them know which route to take and how long it will take to get there. What a wonderful invention it is!
Wouldn’t it be great if there was a tool just like that to show you the route to achieve your financial goals and dreams?
Well, good news! There is!
A Sat-Nav for Your Finances
Genistar has an excellent tool called the Financial Plan. Whereas the Sat-Nav takes you physically where you want to go, the FGP does exactly the same thing for your finances. It shows you the route to follow to help you achieve the financial goals you have for yourself and your family.
Genistar’s Financial Plan has helped many individuals and families achieve their dreams. It helped them stay on track as they worked towards their goals and ultimately reached financial independence. It has guided thousands of clients on their journey to become debt-free, pay off their mortgage quicker, buy their first home, identify gaps in their financial lives and knowledge, put protection in place for their families – and so much more!
If you fail to plan, you plan to fail
What Does It Cover?
Genistar’s mission is financial freedom for all, and each section of the Financial Plan provides educational insights which will be explained by the licensed representative. The Financial Plan is, in fact, pretty much a planner (online and in-person), a tracker and an educational resource – all rolled into one! Our goal is to provide you with enough information to take charge of your own finances and make the financial decisions that are best for you.
You may be wondering what this Financial Plan covers. It covers the areas of finances which are important to most people.
Goals & Dreams
Retirement
Net Worth
Income & Outgoings
Savings
Mortgage
Debts
Protection Needs
All these sections play a vital role in one’s financial life and help you build your financial house as strong as possible.
For example, let’s look at goals which are a very important part of a financial plan. Let’s say you have £10,000 worth of savings or investment but no goals… Without goals, you will have no plan for your hard-earned money and, therefore, it may not be long before you whittle it away. If, however, you have a goal to build a house abroad in eight-years’ time, you will become focused. Not only will you try to avoid spending your savings, but you’ll also be thinking about ways to get your money working harder for you.
Difficult Roads Lead to Beautiful Destinations
In the Income & Outgoing section, the Financial Plan often identifies places where extra cash can be freed up. Then the Mortgage section shows you how you could apply that extra monthly amount (whether it be £100 or £400 per month) toward your mortgage to pay it off quicker. Each section gives you insights into, and ideas about, how you can manage your finances better.
How to Get a Genistar Financial Plan
So, if you are still here reading this article, it probably means that you are interested in finding out more about Genistar’s Financial Plan or getting one for you and your family.
Getting a Financial Plan is an easy two-step process: On the first appointment, your licensed representative will go through a short financial education presentation then gather the information needed to put together a plan. On the second appointment, the Financial Plan is delivered. It will give you a clear insight into your current financial situation and ideas for improvement. Your Genistar representative will offer guidance, but NOT advice, about how to navigate your way through the financial maze and towards financial independence.
We’d love for you to book an appointment with us at Genistar for a complimentary Financial Plan and get on the road towards reaching your financial goals and achieving financial freedom!
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The information provided on this website is for educational or informational purposes only. Please refer to our legal disclaimer for further information.
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