Personal financial advice: tips and care you need to have

In recent times, many people have started to seek specialized help to organize the budget in such a way that it is possible to save and increase the available capital. Personal financial advice is one of the ways to take better care of your finances and take charge of your money.

Even in difficult times, where the budget is tight and we must prioritize some essential costs, we need to be organized and keep in mind about what can be saved.

The consultancy helps in financial education, favouring the management of monthly income, indicating ways to save, gather more money, among other objectives. Understand more about the care needed when seeking expert financial guidance to organize your finances.

There are different consultancies for different purposes

The first step is to understand your goals in terms of finances. Some people want to save, while others think about directing resources towards investments. It is very important to know what you want to seek the right advice.

The n² app is the 1st marketplace for financial advisors, videos and companies in the financial market, created so that users can ask questions about investments, credits, debts and other matters they always wanted to know to improve their relationship with money.

The professionals who provide services within n² have certifications issued by financial market entities. In addition, they are part of financial institutions and can provide comprehensive and personalized guidance.

By subscribing to n² prime (first month free), you can ask different questions with financial market professionals, but also have access to a curation of videos on different topics to help you organize your finances, understand better about investing, decide when the best time to invest in retirement and much more.

Why seek personal financial advice?

Personal financial advice can help our lives in different ways. At the same time that we can organize monthly expenses to save, the service can also contribute to the creation of an investment portfolio.

See how financial advisory services can make a positive contribution.

Efficient income management

As soon as you receive the first financial guidelines and follow the parameters explained by the professional, it is possible to start a good income organization every month.

A great start is to set aside a few hours and do some financial planning with a spending spread sheet. In the file, you must put the fixed and variable costs that you had during the month. In this way, it is possible to clearly identify where the salary is going.

Find unnecessary expenses and reduce them

When we identify where we are spending the most during the month, we can mark those debts and try to reduce them, with a negotiation or changing habits. If credit card spending was higher in a given month, use it less in subsequent months.

Electricity, water and gas expenses are fixed costs, but can be increased according to usage. In this case, economy is the ideal path, however, take into account possible maintenance expenses to reduce values.

Paying debts and organizing the budget

Personal financial advice can also help with debt settlement. A specialized professional is able to draw, from the client’s budget, an action plan to circumvent late payments, helping to regularize the name.

The consultant can also indicate ways to avoid indebtedness in the future, and the best credits to get around the negative balance in banks or other types of charges.

Understand the investor profile

A good part of people who seek financial advice are aiming to make investments that generate capital, in the short, medium or long term. Seeking consulting to make applications is a great step, especially when there is little experience.

On the n² app, at brokerages and banks, professionals can help choose the first investments that make money work. First, it is necessary to identify whether the client’s posture is cautious or bolder. From there, find good applications.

Always ask about the types and best investments to favour your capital. For those starting out, fixed income applications are usually an initial step. In attendance, talk about future priorities and apply amounts only where you are comfortable.

Keep in mind the benefits of organizing your financial life

With the support of a good financial consultancy, you will know the advantages of making a complete management of your finances. Even if there is still time, organize yourself to have a peaceful retirement and travel, buy a property or achieve other goals.

In addition, financial advice is an essential service to provide comfort to your family members and ensure the well-being of all of them.

Learn more about John Labunski work and find out how we can help!