THE TRUE FINANCIAL PLANNER

A TRUE Financial Planner DOES NOT PEDDLE/SELL any product from any Takaful ,Insurance,Unit-trust or Will writing Company.
Sadly IN MALAYSIA the true independent Financial Planners that are Exclusive Skilled Qualified Professionals do not receive the attention of the regulators.  

People enlist the help of a financial planner because of the complexity of performing the following:
Providing financial security and ensuring that all goals of personal finance are met
Finding direction and meaning in one's financial decisions;
Understanding how each financial decision affects other areas of finance; and
Adapting to life changes to feel more financially secure.

The best results of working with a comprehensive Independent 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 that 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.).

The client should establish that the planner is competent and worthy of trust, and will act in the client's interests rather than being primarily interested in selling the client financial products for his own benefit. 
As the relationship unfolds, an individual financial planning client's objective in working with a comprehensive independent financial planner is to clearly understand what needs to be done to implement the financial plan created for them. 

A financial planner's step-by-step written IMPLEMENTATION PLAN of ACTION items, created after the plan is completed, HAS MORE VALUE to many clients than the plan itself. The comprehensive written lifetime financial plan is a technical document utilized by the financial planner, the written implementation plan of action is just a few pages of action items required to implement the plan; a much more "usable" document to the client.

Article by:
Rodzman AR
Chartered Financial Consultant,ChFC,
Shariah Registered Financial Planner,SRFP,
Registered Financial Planner,RFP.

Fattening Your Savings

Let's FATTEN your SAVINGS

Rule No.1
Buy only what you need not what you want.
We have to make sure if its a need or a want ? A need is something that we could not live by on to another day.All you need are basic necessities like food on the table,heat,normal clothing,basic transport and of course health.
Other that THINK hard before making that purchase .....

Rule No.2
Buy only with the passive money.
If you have no money to spare do not buy anything that you do not need.If you really want to,then use money from dividends coming from investments or from savings created specifically for future purchases.

Rule No.3
Never use money borrowed from the bank.
These days we tend to spend from the credit given to us by the bank either by easy payments schemes,personal loans,or credit cards.Like it or not as good as it seems on offers,look out for hidden charges from fine prints that most of us never take time to read.

Rule No.4
If you are not sure refer to Rule No.1
Do some window shopping if you really go crazy over something that you want.Do not buy anything but just have a good night sleep and the next morning see how we have gone without it and still survive !
Still not sure go back to RULE No.1

Article by Contributed by:
Rodzman AR,
Chartered Financial Consultant (ChFC),
Syariah RFP,
Registered Financial Planner ( RFP )

Beware of the CC Trap.....................

It's been a great week and in Malaysia we are having another week with almost alternate days of holidays.
That's where you will see signs of SALES every corner of the road with big discounts.
Only buy what you need with cash available and never never use money from your credit card although it may very,very tempting.
The twist to personal finance management is always a challenge during this time of the year where its festive season all over the world.
The trick is to manage your personal just like a small business.

Income - Expenses = Profit                    

Profit in a personal capacity means surplus.If there is a deficit than my friend you might be at the mercy of the bank or worst the 'loan sharks' these days the plastic cards known as THE CREDIT card.

• Have a business
• Thinking of quitting your job
• Thinking of Retirement
• Starting a Business                                           
• Lots of Money 
• Lots of Assets and cash Poor
• How to stop working with lots of cash reserves
• Risk mitigation using Takaful or Self Insured
• Estate Distribution woes
• Stuck and no Financial Map
• Problems in personal finance    

      You may have tons of issues. Let's pause ,take a look, analyse and see how we could help you !

Need help!

Give me a twit or visit us at http// www.greenifinancial.com