The Simple City Worker Financial Plan
These 7 simple steps are the basis for creating a solid financial plan for you and your family. Many individuals and families are reluctant to start the process of reviewing their financial situation because they feel it is very time consuming and can become a very complex process. This is why I have created these 7 steps to start you on the right track and make the process simple and more enjoyable.
1. Protection First - Full Replacement / Lifetime Protection
This refers to having all your Insurances (Health, Life, Property & Casualty, etc.)
reviewed. Without the proper protections (foundation), everything else you build
can be taken lost or taken away.
2.Eliminate Bad Debts
Remember keep it simple, get rid of CREDIT CARD Debt.
3.Create A Budgeted Lifestyle
This means learn what $ is coming in, and what $ is going out each month.
Truly live within your means. Be true to yourself and your family.
4.Increase Your Savings
Pay yourself first, build a simple saving account/ money market account. This step may
take some time, but it is well worth it. This will help you stay liquid, also having available
funds on hand with no penalties and no fees. Very Important !!!
5.Reduce Tax Exposure
This step involves reviewing your your overall finances with a financial planner and
your CPA (accountant).
6. Minimize Risk
This is where you should be gaining your education/ knowledge on how risk and
reward can benefit you or can hurt you. A basic understanding is needed for this
step to evaluate your needs.
7. Overall Rate of Return
Although this is a important step, it has been proven that if put number 1, you are
chasing returns. Which means you are assuming a certain percentage to assure
and secure financial future.
ALTHOUGH SIMPLE, THIS PLAN HAS
BEEN STRUCTURED TO MAXIMIZE
LASTING WEALTH WITH CERTAINTY
NOT LUCK!!!
PLEASE CONTACT VINCENT (347-661-6234) TO SET UP A APPOINTMENT
TO DISCUSS HOW THIS PLAN CAN WORK FOR YOU AND YOUR FAMILY.
1. Protection First - Full Replacement / Lifetime Protection
This refers to having all your Insurances (Health, Life, Property & Casualty, etc.)
reviewed. Without the proper protections (foundation), everything else you build
can be taken lost or taken away.
2.Eliminate Bad Debts
Remember keep it simple, get rid of CREDIT CARD Debt.
3.Create A Budgeted Lifestyle
This means learn what $ is coming in, and what $ is going out each month.
Truly live within your means. Be true to yourself and your family.
4.Increase Your Savings
Pay yourself first, build a simple saving account/ money market account. This step may
take some time, but it is well worth it. This will help you stay liquid, also having available
funds on hand with no penalties and no fees. Very Important !!!
5.Reduce Tax Exposure
This step involves reviewing your your overall finances with a financial planner and
your CPA (accountant).
6. Minimize Risk
This is where you should be gaining your education/ knowledge on how risk and
reward can benefit you or can hurt you. A basic understanding is needed for this
step to evaluate your needs.
7. Overall Rate of Return
Although this is a important step, it has been proven that if put number 1, you are
chasing returns. Which means you are assuming a certain percentage to assure
you and your family a safe and happy future. Again you will be LUCKY if this
works for you. Saving on a consistent basis will give you and your family a safeand secure financial future.
ALTHOUGH SIMPLE, THIS PLAN HAS
BEEN STRUCTURED TO MAXIMIZE
LASTING WEALTH WITH CERTAINTY
NOT LUCK!!!
PLEASE CONTACT VINCENT (347-661-6234) TO SET UP A APPOINTMENT
TO DISCUSS HOW THIS PLAN CAN WORK FOR YOU AND YOUR FAMILY.
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