Financial Choice -

GET READY FOR THE NEXT SIX MONTHS.

The 2011 Budget speech has reinforced that the economy will grow strongly for the next 3 years to return the budget to surplus. We expect growth to rise from 2% to 4% next year. This will follow through into the share market and in turn your investments.

HAVE YOU RECEIVED YOUR REBATE REWARDS CARD?

If you have received your rebate rewards card then you need to go to www.rebaterewards.com.au to view all the discounts and benefits. The best benefit of this card is it replaces the old voucher booklet that you could purchase that gave you discounts on restaurants and accomodation. This card is valued at $199.00 and is given to our very best clients as a reward for doing business with Financial Choice.

When considering getting Financial Planning advice you need to consider a firm who is independent of financial institutions, free of conflicts and will focus on making complex financial issues simple and easy to understand. 

Financial Choice makes Financial planning very simple.The creation of your plan revolves around our simple four step process.

                  "Think it","Plan it","Do it" and "Review it".

Our fee based financial planners will carefully consider your personal objectives and your financial position to design a carefully crafted financial plan that will be constantly reviewed and balanced in line with your changing circumstances and risk profile.

We understand you have a choice in financial planning and we look forward to helping you achieve your goals.We hope that you see the financial benefits of partnering with us.

The best results of working with a comprehensive financial planner, from an individual client or family's perspective are:

• To create the greatest probability that all financial goals (anything requiring both money and planning to achieve) are accomplished by the target date, and
• To have a frequently-updated sensible plan that is proactive enough to accommodate any major unexpected financial event which could negatively affect the plan, and
• To make intelligent financial choices along the way (whether to "buy or lease" whether to "refinance or pay-off" etc.).

Personal financial planning is broadly defined as "a process of determining an individual's financial goals and after considering his resources, risk profile and current lifestyle, to detail a balanced and realistic plan to meet those goals. The process involves six steps.

Step 1: Setting goals with the client This step (that is usually performed in conjunction with Step 2) is meant to identify where the client wants to go in terms of his finances and life.

Step 2: Gathering relevant information on the client This would include the qualitative and quantitative aspects of the client's financial and relevant non-financial situation.

Step 3: Analyzing the information The information gathered is analysed so that the client's situation is properly understood. This includes determining whether there are sufficient resources to reach the client's goals and what those resources are.

Step 4: Constructing a financial plan Based on the understanding of what the client wants in the future and his current financial status, a roadmap to the client goals is drawn to facilitate the achievements of those goals.

Step 5: Implementing the strategies in the plan Guided by the financial plan, the strategies outlined in the plan are implemented using the resources allocated for the purpose.

Step 6: Monitoring implementation and reviewing the plan The implementation process is closely monitored to ensure it stays in alignment to the client's goals. Periodic reviews are undertaken to check for misalignment and changes in the client's situation. If there is any significant change to the client's situation, the strategies and goals in the financial plan are revised accordingly.