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Making Sure Your Family Is Okay


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Making Sure Your Family Is Okay

When you have kids, it can be easy to think of the here and now and forget about the future. After all, since those diapers and messy rooms are happening in real time, it isn't always easy to hunker down and go over long term financial goals. However, making sure that your family is financially viable can help your kids to feel safe and secure for the long haul. I have been a financial planner for several years, and you wouldn't believe what a big difference a little planning can make. If you want to make a difference, go through my blog and learn how to save a little money.

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What Is A Risk Profile In Financial Planning?

Whenever a professional conducts a financial planning consultation, one of the central issues is the client's risk profile. You might wonder what a risk profile is. Here are 5 things clients should know about risk profiles. Risk Premium Foremost, you should understand the relationship between risk and value. Generally, higher risks are associated with better financial returns when things pay off. Conversely, a higher risk also comes with a greater chance that everything goes to zero. Read More