No one plans to fail. They often just fail to plan.Getting started with a personal life plan requires clients to take stock of their present financial situation. As part of our holistic approach, we offer the tools to help you do just that by providing downloadable worksheets designed to identify assets and determine liabilities, thereby providing an accurate snap shot of your current personal financial situation.
Knowing your net worth is important. It is the sum of all your assets minus all of your liabilities. Your objective should be to improve your “net worth” over time and this worksheet will help get you started on the self-evaluation process.
Knowing your income and expenditures is also very important. Make sure you are not spending more than you receive in income, and identify any surplus income that could be used for savings or achieving future goals such as retirement, college funds and personal financial independence.
It is good practice to have financial and estate planning information organized and in one place. Should anything unexpected happen, you will be prepared in advance; knowing where to find important information will be much appreciated by others.
To learn more about this service and other exclusive R.W. Rogé & Company offerings, please contact us for a complimentary personal consultation today.
