1/4

SANTA MONICA'S Top FINANCIAL ADVISORS

Feel clear & confident about your financial future
Using our 4-Step Prosperity Planning Process, we help women plan for their future, preserve wealth, and protect their legacy.   

WORK WITH SANTA MONICA FINANCIAL ADVISORS

The first step in acquiring financial planning is identifying the goals of your life. Decide on the time frame for reaching each goal. Are you aiming for retirement? College? Vacation house? Then gather all the financial data you need to make your plan. Then meet with a financial planner and discuss your goals. Your financial planner will then analyze your information and make a recommendation. Make sure to take this step before a life event, like a wedding, is looming.

 

In the process of preparing your budget, it is vital to consider changes in your personal circumstances. Changes in household size or career may impact your consumption of goods and services. Your income from wages may also change. Changes in your personal circumstances may also affect your financial goals and expectations. By preparing a budget, you can determine whether any changes to your lifestyle or spending habits will have a significant impact on your future.

BUDGET & PLAN YOUR FINANCES

Another benefit of budgeting is that it helps you track how much you spend in different categories, allowing you to cut out unnecessary expenses. It is helpful to have a budget for each category, even if you don't plan to use all of it. Moreover, you can use the budget to make adjustments to your monthly expenses. You don't have to spend a lot of time calculating amounts, but you should know how much money you have set aside for each category.

 

The purpose of investing is to generate income or increase the value of something in the future. Investments can be anything that raises future revenue, whether through a business or property. They can also include a plan to increase one's knowledge or skills. Some investment strategies involve purchasing mutual funds. Those funds can help a person buy a house or attend college. Besides these, parents can invest in health insurance and education plans for their children. Get started with a free consultation with one of our financial advisors at Empress Investment Group. Book today!

BrokerCheck_logo-new_edited_edited.png