We all make money, but very few have the skill to manage that money, and then reap the rewards that managing that money provides. To make money, manage money, and lastly protect your money, is even a greater skill. Without question we all know someone that is great at making money, however they lack the skills of money management, financial discipline and an understanding as to how to investment their money so that their money continues to grow. Unfortunately in many cases that lack of understand pertaining to money management leaves their overall financial plan in ruins. Therefore to protect our assets and ensure that money continues to flow we need to design a financial plan that will help us achieve our financial goals and dreams.

So where do you go to develop a powerful financial plan – a financial planner that’s where. Financial planning is a very powerful tool, which allows you work closely with an expert financial advisor (note the key word – expert) who will then assist you in reaching your financial goals. Now stop for a minute – remember the Third Principle: Invest Wisely and Seek Advice from Experts. In todays world anyone and everyone can profess to be an expert, but if your financial expert’s bank account doesn’t align with his or her preaching’s steer clear, because the financial expert you want is a rich one, that has made his or her money from practising what they preach.

Just remember this one key phrase “What we give we get”. The key to success in any field of endeavor is to become as well educated as you can, and that applies to money management as well. Far too often people who make money don’t review their portfolios enough, and if you don’t care about you – certainly don’t expect others to care about you either. This doesn’t mean you need to sit over your financial planners shoulder all day, but they certainly need to know that you are watching and that you care!

Here are the six steps to financial health and wellness:

First Step – Budgeting

Second Step – Managing your Debt

Third Step – Saving & Investment

Fourth Step – Insurance

Fifth Step – Investment Portfolio Management

Sixth Step – Financial Goals