As you grow older, and hopefully wealthier, you might lose time (or sadly, you might just feel lazy sometimes) to deal with your financial problems sometimes. In case you think that sort of behaviour is unacceptable, that’s all good and well – you’re probably one of those few in a dozen (or maybe hundred?) who has the commitment and sense of responsibility to take care of themselves and their money. However, most people don’t have what it takes to do this because of a number of different reasons. In this case, having someone to depend upon in money matters can become a potential lifesaver to these people.

A financial planner is exactly that ‘someone’ who you can depend upon in money matters. He, or she, is a businessperson specializing providing consultancy and advice on how you can invest, save and even increase your wealth.

A financial planner in Subiaco is knowledgeable on a wide range of financial matters, and therefore is a great on which you can depend on when you wish to achieve those financial targets and goals you set for yourself.

When choosing a planner, you have to know that you don’t need to be in your late fifties or forties, and you don’t have to be especially wealthy or anything. You can be just done with college and still hire a planner, and you can also be having a modest income. Of course, there are certain planners who will refuse to cater to all but rich clients – they are planners who receive their pay through a designated annual percentage (usually one percent) of all your assets annually.

However, there are also planners who charge hourly rates – just like lawyers and attorneys. They are your best bet if you’re not exactly rich. Furthermore, these planners are often beginner businesspersons most of the time – so you can rest assured that they will have the time and patience to take care of you and your needs. Keep in mind to stay away from planners who receive their pay from commission though (i.e. they are paid by various companies when their products are sold) as they may not work in your best interests, but instead steer you into buying or making investments.

Lastly, a good way to know if a planner is the real deal is to check his designation. If he or she has a designation of CFP, it means he or she is a certified planner with a proper license (and often regulated by a state’s board). Plus, they also have to take mandatory classes and remain up to date on matters with regards to finance, so they’re qualified, if anything, for the services they offer.