Planswell

Thinking about better financial savings than you did last Christmas? Obstacles may remain the same, but you can make your saving strategies smarter! If curiosity sparks in this statement, we have brought a list of strategies you can use.  Under the guidance of Planswell , Here are some of the best ways to save better in the months before Christmas. If you think, “ isn’t it a little too soon,” the sooner, the better results you will find.  Christmas Saving Lists Everybody Needs! Here are some of the best financial secrets to make the best saving outcomes! They are: Track your money It is essential that Christmas may seem too far to keep consistent track of your savings and income. With the best tracking of all your savings, you will have a better idea of how much cash you can spend on Christmas. The more you save, the merrier it is.  Budget your spendings  It is the fundamental step of saving. Keeping a good track of all your spending will help you determine if you ar...

A step by step approach to meeting the goal of one’s life is financial planning. A financial plan behaves as an escort as you go through the journey of your life. A financial plan helps you be in control of your expenses and investments. It ensures that you manage your money and achieve your life goals. Here are 5 steps to creating a successful financial plan -  Think and understand your current financial situation -  This is the first step in financial planning. Financial planning provides you with the state of your finances and ways to improve. Explore the status of your present finances, viz., your income, expenses, savings, debts, and investments.  Note down your financial goals -  Ask yourself: “what types of financial goals would you like to achieve in your life? Write all the goals you want to achieve whether it is too small or too big. Don’t hesitate, make sure that your goals are specific.  Explore different investment options -  There are various ...

Buying your first home is one of the most significant self achievements that one can measure and is a concrete step that helps you set a new beginning for your financial future. But before you make this big decision, Planswell , a certified financial advisor, is here to suggest some tips for first-time home buyers to enjoy a well researched and dwelled upon purchase that offers a good deal.  Are you sure about a loan?  The first and foremost thing to be sure of is that you are okay with taking a loan, as, after the loan, you will be repaying it for the next 15 to 30 years. Given this, if your answer is straight no or somewhere near a confusing yes, you may require to rethink your decision. A good credit score  It is wise to maintain a good credit history if you ever wish to buy a  house, as it is one of the most fundamental factors that is taken into consideration by the lenders. It is best not to opt for a new credit line. However, if you are someone struggling wit...