Financial Literacy Hub
Going through bank statements to determine your Financial Needs even Financial Goals can be stressful and time exhausting to some people, but we all know we have to survey them to determine our Future Financial Plans.
People make Future Financial Plans for instance to buy a Car, For Weeding, For Vacation, But a House etc. To be precise that your savings or investments will get you to your goals, you have to examine your Financial Needs and Risk Profile.
Then you can go on and investigate the Financial Products that will be a footprint to your goals. Some people go through this route with accredited Financial Advisor or Wealth Planner.
Knowing which portfolio or saving account to use will ultimately get you to your future plans with an advantage of mitigating risk.
How to investigate your risk profile: check your income statement and trace Outflow and Inflows of cash then your ready to go.
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