FINANCIAL HEALTH CHECK
Your financial health needs a check
Be aware of your financial standing to avert financial losses
“Never spend your money before you have it.”
What is Financial Health Check?
The first step is to calculate your net worth. This is done by evaluating your assets and subtracting the liabilities. Your net worth is a personal measuring tool on how well you’re doing with your money.
Take stock of your overall financial situation, review all your assets, set up or consolidate your retirement goals, take out an outstanding liability you need to review; a financial health check is an extremely helpful tool in allowing you to take control of your finances and make it work for you.
Purpose of Financial Health Check
Budgeting
Curb unnecessary spending. Conducting a prudent budgeting exercise of your past financial year will give you a better perspective towards planning for the upcoming financial year.
Controlling Debt
Try clearing your debt as soon as you can. Unwanted liabilities are the root cause to unstable financial health and clearing them should be your goal.
Building a good credit rating
Computing Debt-to-Income ratio will assist you in determining your current debt obligations towards the income you earn and manage your debt to avoid any credit score complications.
Make the right investments
If you haven’t started investing already – start now. The road to financial independence and securing your future is through investments which align with your goals.
How can we help?
At InvestRightWithSC we know that our clients’ needs vary enormously. That’s why we have developed different investment strategies, enabling you to choose the most appropriate one based on your needs and attitude towards risk. With the comfort of knowing your funds are monitored constantly by a dedicated team, you can benefit from a winning combination of investment expertise and value for money.
Prior to investing, we take the time to ensure we fully understand your financial situation and investment goals, along with confirming other essential factors including potential investment restrictions and the time period for investment.
Once invested, we constantly monitor all your investments, in order to ensure the investments, remain suitable for your needs. If alterations are required, our team will contact you with our reasons for change.