Basic Financial Strategies.pdf

Professional Investment Services

Noll Moriarty

BASIC FINANCIAL STRATEGIES

The following are only a guide for some strategies that may be considered.

Relevant?

Budget in-place? No budget reduces chance of successful planning. Y / N

Monthly surplus? What surplus is available for additional insurances, investments Y / N

Finance consolidation? Can debts be consolidated to lower interest rate

BASIC FINANCIAL

Possible Strategy

Comments

Y / N

Re-financing?

Can current loans be re-financed with lower interest rate

Y / N

Accommodation?

How long do people intend to stay in current home; extensions? Y / N

ChildrenÓs Education

What funding is required and when

Y / N

Other?

Timing of travel, holidays, childrenÓsÓ weddings, etc

Y / N

Liquidity Needs?

How much should be put aside for emergency needs

Y / N

Life planning Needs? How active (ie expensive) will retirement be

Y / N