Lee Bressler : Tips for doing Financial Planning

Lee Bressler is a financial advisor, who has been working in the financial industry for more than 35 years. He is a known technology enthusiast as well.

Being a financial advisor, he said that financial planning is very hard because it requires financial discipline, which is difficult to achieve in this consumer society. He further added that financial planning is very important with respect to the future point of view. It will help you in spending a safe and secure future.

Lee Bressler had mentioned some tips that can help a person in managing their finance, which are given below:-

Pay off Debt

He stated that one of the biggest factors that are fighting against financial planning is debt, especially credit card debt. Basically, financial planning means that you have a plan and paying off debt should be the first goal of your plan.

Invest

Another tip for doing financial planning is to invest. He says that financial planning means that you are doing the saving for the future, therefore it is recommended to invest in your money as it will going to provide a great benefit in the future.

Spend Less than You Earn

It is difficult for the people to understand and often times it resist them the most when they planned to begin financial planning. Therefore, it is suggested to spend less than you earn part of your financial planning.

Budget

It is one of the most important parts for making an investment. He further added that you won’t be able to save unless you know what you spend. Thus, make budgeting as an important part of your financial planning and you will realize saving is not so hard.

Lee Bressler says that by following the above mentioned tip you will become able to secure your future and it also help you in making a financial plan in a well efficient manner.