5 Steps to Financial Planning (DREAM)

A life without limits may seem like an unattainable goal if you don’t have a financial plan of action. Looking at your financial life as a whole can be a scary task, but understanding the opportunities a solid financial plan can provide should never be underestimated.

You and your family deserve a financial life plan that will be as flexible as you are and one that considers any goals that you have with the people that matter the most.

To achieve everything you hope for, you may be unsure of the necessary steps you need to take. Building financial confidence is something you do as you take one step at a time. With the support of a financial planner, you could achieve financial freedom and be living a life without limits sooner than you think.

5 Steps to financial planning

Our financial life planning service is called ‘Life Without Limits’, and it helps you understand what is most important to you in life and why. We help you identify what needs to be put in place to maintain the lifestyle you and your family dream about.

Our approach begins with reviewing where you are today and where you want to be in the future through the DREAM programme.

Discover – Where are you today, and where do you want to be?

Realise – Identify your priorities and visualise your goals

Everest – There will be challenges, but we help you overcome them

Action – Agree and implement the financial plan to get you to where you want to be

Mentorship – Bringing together your financial and life plans and guiding you along the way

Step 1: Discover

Understanding where you are today financially and where you want to be in 2, 5, 10 years is the first step to creating a life without limits. You need to have a crystal clear analysis of your financial situation so that you can build the right plan of action.

Driving you towards achieving your future financial goals can only be done will all the necessary information. How many credit cards do you have, and what is the remaining balance? Are there any outstanding short term loans? What are your assets and liabilities?  How is your monthly household income and expenditure looking? Collating all your financial data allows you to discover an accurate overview of where you are today.

Step 2: Realise

What matters to you and your family? What goals do you have? Is paying off the credit card debt top of your financial goal list, or perhaps buying a new house or car would be a priority? What about retiring early? Do you want to set up savings or investment accounts for your children’s future?

Our goals are unique to each of us. Once you identify your priorities, you can begin to visualise your goals.

Step 3: Everest

Making a plan and sticking to it sounds easy when put down on paper, but you will meet challenges along the way to making that plan a reality. Working with Brazil Financial Planning means you get sound and practical advice and receive support and mentoring to overcome those challenges you face on your financial journey.

Step 4: Action

We’ve talked about making an action plan, but a plan remains a simple thought without taking any actual ‘action’. The DREAM programme means you agree and implement the financial action plan you create, giving you the roadmap to get you where you want to be—easy steps to follow and fully supported.

Step 5: Mentorship

The entire ethos of Brazil Financial is to provide excellent solutions for your financial planning, money matters, and future security.

Planning for a life without limits – the life you want and deserve – is as important to us as it is to you, and our clients’ goals are at the core of everything we offer. Finding out what matters is the first and most important phase of our client work and is the basis of our mentorship.

If you’re ready to live the DREAM, get in touch for a chat.

Why put your trust in a financial planner?

Building trust is crucial for any business, whether financial, medical, and professional or sales related. Without that connection to the person you want to work with, it becomes a stilted process.

At Brazil Financial Planning, we want you to feel inspired to live your dreams. We become your coach and mentor to help you make positive changes to your life today and for the future.

What next?

Create your own ‘Life Without Limits’ with Rory, Ireland’s first RLP® financial life planner, to discuss how his DREAM programme can shape your future and allow you to live the life you deserve.

Financial Life Planning sessions are conducted face to face or over Zoom/Skype/Teams. Book your call today HERE.

Posted on August 16, 2021 By Rory Brazil