What are you worth?

Your financial planner knows very well that you are worth a lot more than the net worth he calculates for you, but he has to identify all your assets and liabilities in order to support you in the achievement of your financial objectives. The information he gathers will also allow him to draw up your personal financial statements and make conclusions about them to guide you toward your goals.

When we talk about finances, we are talking about cash flow, balance sheet, budget, net worth, emergency fund…

Your financial planner can make projections concerning the changes in your financial situation over time. He can help you organize it, by suggesting strategies for optimizing your budget surplus, for example, such as paying down debts before contributing to a TFSA, or the reverse, depending on what best suits your situation.