GB Financial Services – For Financial Freedom

Planning Your Future

It’s one of the most important things we can do, but it’s also the most overlooked. Here at GB Financial Services, we’ll help you accomplish your future financial goals every step of the way. Don’t worry, we’ve got you.

What is Need-Based Planning ?

“Need-based Planning” is an ongoing process to help you make sensible decisions about money that can help you achieve your goals in life. In other words, need-based planning is a systematic approach where the investment planner helps the customer to maximize their existing financial resources by utilizing financial tools to achieve their financial goals.

Need-based planning is about the process of meeting one’s life goals through proper management of one’s finances. Life goals can include buying a home, saving for a child’s education, or planning for retirement. It is a process that consists of specific steps that help one to take a big-picture look at where you are financially. Using these steps one can work out where he is now, what he may need in the future, and what he must do to reach his goals.

Why Need-Based Planning is required?

Need-Based Planning provides direction and meaning to your financial decisions. It allows you to understand how each financial decision you make affects other areas of your finances. By viewing each financial decision as part of the whole, you can consider its short and long-term effects on your life goals. You can also adapt more easily to life changes and feel more secure that your goals are on track. The need for financial planning thus arises from the need to meet the financial goals that enable the achievement of one’s life goals. Generally, everyone invests in the various available avenues, but very few investments are linked to individual goals. All of us have goals to be fulfilled at every stage of life. Life and financial goals are very diverse.

Benefits of Financial Planning :

Knowing & understanding your financial needs/goals.
Achieving your goals with optimum use of resources.
Understanding the impact of investment choices.
Adapting to changes in personal & financial situations.
Peace of mind – ensuring that your goals are not compromised.

Need-Based Planning Process

Need-Based Planning, especially at an early age, can help to give your life focus and help you to achieve your goals in life. Need-Based Planning gives you a set of tools to create wealth and build up a nest egg that you can use in case of an emergency. Need-Based Planning also gives you direction, direction you need to make informed decisions about investments so that you won’t make any mistakes and you can reap the benefits for the rest of your life.