六合彩開獎號碼 Understanding Financial Planning - DBS Hong Kong Consumer Banking

Step 1: Define your goals
We all have certain goals in life,六合彩開獎號碼, be it a comfortable life after retirement or ensuring sufficient finances to put our children all the way through university. These may be our long-term goals but along the way,汽車貸款, we may also have interim goals to upgrade our homes or to be able to have a dream holiday. Whatever your goals are,喜帖, a financial plan will help to lay out a proper framework and roadmap for achieving these goals.

Step 2: Formulate a plan
Now that we have defined our goals,束胸, the next step is to formulate a plan that will achieve these aims. One of the most powerful elements of any financial plan is time. By planning early, you can minimise the chances of not accumulating enough funds to meet your long-term goals.

Step 3: Implement the plan
Both steps 1 and 2 sound simple in theory,抽脂, but the tricky part is always putting things into practice. This is the third and crucial step that has to be implemented properly in order for the plan to work and meet its desired objectives.

Step 4: Review regularly
Your final step is to conduct regular reviews of your financial plan in response to changing circumstances. For instance, you may have a new addition to the family,水刀抽脂, or have earned a recent promotion with a substantial increase in salary. Such events may carry major implications for your finances. Therefore,水刀抽脂, you require a comprehensive review of your financial plan.

Apart from these ad-hoc reviews,九州運動分析, holding annual or semi-annual reviews on a regular basis is also important from a holistic viewpoint. Regular reviews allow the opportunity to determine whether your previous insurance cover is adequate for future contingencies. It also allows the opportunity to review the performance of your investments against market and personal benchmarks. Altering and rebalancing your portfolio is often a necessary part of re-aligning your investment returns with your desired objectives.