Often I am asked what are the “major” things that need to be a part of a financial plan. It is a great question to ask because while most people know the big things like having a monthly written cash flow plan (budget), savings for emergencies, and retirement funding there are a lot of things that can get overlooked pretty easily. JW’s Financial Coaching views the following as major components of a healthy financial plan:
Written Cash Flow Plan
Will/Estate Planning
Debt Reduction Plan
Tax Reduction Plan
Emergency Funding
Retirement Funding
College Funding
Charitable Giving
Teach your children on money
Life Insurance
Health Insurance
Disability Insurance
Auto Insurance
Homeowner’s Insurance
To receive additional one-on-one help in any of these areas please contact us today to set up your FREE 30 minute consultation! JW’s Financial Coaching offers a variety of services to help you meet your financial needs.
