Paying bills today and saving for tomorrow, is it possible? It all starts with good advice.
It’s not easy to save when the bills are piling up. This is no reason to give up on your goals. If you want to buy a new home, create an education fund for your children, or save for your retirement, an advisor can help. It can help you manage your current expenses and save for the future.
Many people think they don’t have enough money to save. They mistakenly believe that they do not have enough money to do business with an advisor. Regardless of your account balance, an advisor can help you get the most out of what you have.
When Roc met Amy Fan, his Sun Life Financial advisor, he thought he would never be able to save. His budget was far too tight. With two young children, he lacked money at times. “I had too many unnecessary expenses,” he recalls. “I didn’t quite understand the point of saving [at the time]. »
His advisor helped him get his finances back on track. Here’s what an advisor can do for you:
- Present several savings options based on need.
Roc planned to buy a house and invest some money. He also wanted to make sure that his family would not miss anything if he or his partner died. He, therefore, hesitated between an investment plan or life insurance. In the end, he didn’t even have to choose.
“Amy suggested I choose a combination of the two. It was the first time I was told that it was possible to choose two solutions [insurance and investment] and combine them. »
- Answer all questions and provide any necessary clarifications.
Some financial concepts are complex. A professional can help you understand them better.
Essential questions to ask during your first meeting with an advisor
In Roc’s case, his advisor was always available to answer his questions. “Amy is very knowledgeable. She answered all my questions about investments and insurance very clearly. »
- Put the Client at ease and in confidence.
Money is very personal. It may seem strange to entrust your finances to another person. This is why it is vital to find an advisor who fully understands your financial situation and who will reassure you.
Five tips for finding a trusted advisor
When Roc told her about his concerns about his financial situation, Amy was reassuring. She said that other Clients and people around him were going through a similar situation. “[Amy] makes me feel like a real friend. She is very dedicated and approachable. She has every quality I can think of. »
