Why Financial Planning is Important Now
“I’ll start financially planning next month” is a phrase that’s muttered too often.
At Centura Wealth, there are five steps that make clear how financial planning is key to liberating your wealth.
Knowledge is power, and this rings true especially with financial planning. For some, financial jargon is reason enough to avoid financial planning. The fancy words, however, still fail to cover the truth about financial planning. Wealth has many complexities and responsibilities, but a big part of the burden is simply doing right by your family and your values. In short, grow your knowledge.
Life is stressful, and some factors are out of your control. But, if you start financially planning, one element can be in control. Time management plays a major role in creating balanced financial planning.
Statistics show time management is wildly out of control for the general population. Some of these include:
- “If you spend 10-12 minutes planning your day, you’ll save up to two hours of time that would have otherwise gone to waste
- The average person has tried and/or uses 13 different methods for managing their time
- American companies lose roughly $65 billion because their employees are suffering from a lack of sleep”
Time management and financial planning go hand-in-hand. If you can manage your finances, you can manage your time better and prioritize what matters most.
The future matters. If you start financial planning now, however, you’ll be set up for success on all levels of your financial wealth plan. This includes savings, retirement planning, charitable giving, and overall security.
Goals are hard to attain if the planning isn’t present. There is never a better time than now to start financial planning. Feeling overwhelmed with the idea of financial planning? That’s why Centura Wealth Advisory is here.
At Centura Wealth, our approach is to understand your wealth, identify inefficiencies, design new pathways, then liberate and steward your wealth. We achieve this through our unique and comprehensive process: Uncover, Unlock, Design, Liberate, and Steward.
Centura Wealth does not make any representations as to the accuracy, timeliness, suitability, or completeness of any information prepared by any unaffiliated third party, whether linked to or incorporated herein. All such information is provided solely for convenience purposes and all users thereof should be guided accordingly.
We are neither your attorneys nor your accountants and no portion of this material should be interpreted by you as legal, accounting or tax advice. We recommend that you seek the advice of a qualified attorney and accountant.
For additional information about Centura, please request our disclosure brochure as set forth on Form ADV using the contact information set forth herein, or refer to the Investment Adviser Public Disclosure website (www.adviserinfo.sec.gov). Please read the disclosure statement carefully before you engage our firm for advisory services.