Experior Financial Group | How to Get Results in Financial Planning

Experior Financial Group | How to Get Results in Financial Planning

Financial planning is the management of income and expenses in the household based on sound, basic financial principles that bring about an increase in the value and protection of the financial means necessary to pay for those most valued objectives for the members of that household. As with any subject, there are hard and fast rules and efficient procedures that get predictable results when applied correctly and completely.

It is vital that people have the most positive and successful financial experience while they pursue their most valued goals and purposes. It has taken countless hours and years of researching of over 5000 years of wisdom from some of the sagest minds in history to discover the basic principles -- natural laws -- of what it takes to be financially prosperous. These principles are simple to understand, yet in the modern complex financial world, they have become lost and overlooked as fundamentals. We are then resigned to have financial experiences that are less than optimum without a true understanding of why this is so. We want results and we think there must be a "secret."

So, how do you then get results in your financial plan?

First, understand that you, and you alone, are responsible for your financial condition. No one put you in the financial state you are in but you. It sounds harsh and very inconvenient, but the truth of the matter is that your decisions, large and small, had the consequence of placing you in the exact financial state you now experience, whether acceptable or not.

And the quality of your decisions is the result of the credibility of the information, beliefs, facts and opinions that relate to financial prosperity. If you are experiencing an affluent condition, then you have executed a series of actions based on decisions that were based on basic laws and workable procedures. If your financial condition is less than optimum, then your actions have not been supported by the basic truths of the subject. When you strip away all of the seemingly complex reasons -- That is the simple truth of it!

For those who have had an adverse financial experience, one solution has been to blame someone or something else for their condition. Common targets can be the economy, health problems, bad advice from professionals, etc. But let's take an honest look at the situation. As an example, if you feel that following your financial advisor's advice caused your unsatisfactory financial condition, then the question has to be asked: who hired your financial advisor? Or if you haven't followed through on obviously workable solutions offered by your advisor, then who made the decision not to implement the recommendations?

It is an inescapable fact that if you want to have a financial experience full of abundance and relative security, then you have really no option but to learn and apply the basic rules and procedures that bring about such a condition. It's no different than learning to drive: there are certain things you need to know about the car and the traffic laws in order to get where you want to go without crashing (but that doesn't mean that you have to know the inner workings of the car's engine or the composition of the asphalt underneath the tires). But even with a command of the knowledge of driving, one still has to drive!

Your financial plan is a life-long journey. It is the knowledge of financial rules and persistence in their application, year-in and year-out. While competent advisors can provide knowledge and assistance in these matters, it is you, and only you, who will act or fail to do so.