5 reasons why you should have your own financial advisor as early as possible
People make financial decisions on a regular basis. These decisions range from minor, such as mulling over which cup of coffee to buy; to major, such as maximizing income for retirement.
Compared to the generations before them, today’s youth are faced with even more financial choices. With the culture of leisure and technology prevailing, it’s easy for millennials to be tempted into spending money, instead of saving or investing it. It’s no surprise that many do not even have a financial plan in place.
Is this something you can relate with? Don’t worry, there’s hope yet. You can actually seek professional financial advice to learn more about your options and what products you can utilize to be more secure, money-wise.
And guess what: it’s not too early for you to start working on your financial security. While retirement is not in the horizon just yet, it’s a good idea to have a financial advisor, even when you’ve just started earning. Here are five reasons why:
1. It gives you more free time.
With the help of a financial advisor, you’ll be able to make crucial financial decisions faster, as he can present the best options for you to take. This gives you free time that you can spend with family and friends. It also frees you from financial concerns because you are confident that someone is looking after your financial interests.
2. You can build your relationship early on.
Getting your own financial advisor at the beginning of your financial journey means having more time to nurture a relationship with him. This makes the connection personal and more comfortable. When difficult situations arise, the two of you can work on finding solutions together.
3. You can enjoy more benefits.
Not only can your financial advisor help you make sound decisions that will lessen the pressure on long-term plans such as retirement, he can also help you pursue numerous benefits such as safety nets, should you make other big choices in life such as switching careers or creating your own business.
4. You can overcome early mistakes.
When you start earning your own money, it’s easy to get overwhelmed by it that you end up spending without caution. A financial blunder like this can have significant effects on your finances. But having a financial advisor can help you mitigate the potential damages of your money mistakes.
5. You can have peace of mind.
Being young doesn’t mean you are shielded from unexpected events like getting an illness or losing your job, as life can be unpredictable – just like that. With the help of a financial advisor, you can plan ahead to ensure that every peso you earn has a purpose, and be secure when a significant life event occurs.
It’s important to remember that a competent financial advisor is someone who’s not just after the deal and making a sale. He must be invested in your financial journey, capable enough to help you make your money work harder for you, and ultimately lead you to reach your financial goals and attain a brighter life.
If you’re ready to find the financial advisor who would be a perfect match for you, check out Sun Life Financial latest digital tool called “Advisor Match.” It’s a convenient way to find that caring, professional, inspiring, and winning advisor who could help you achieve a sound financial future. And when it comes to pursuing your financial goals, there is no better day to start than today. Go find your perfect financial advisor match and you’ll soon be on your way to fulfilling your goals! INQUIRER.net/JA
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