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D. Harrison Agency Blog

When Do You Need To Plan Financially?

3/19/2018

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Planning makes everything easier. It helps someone identify their goals and objectives that leads to formulating strategies to achieve them. It also helps someone determine the means and monitor all steps done. It may sound scientific but planning has proven to bring success to someone in hitting their goals.
Whether we accept it or not, living our lives need planning too. Particularly in one's Financial aspect.

Here are some events in your life that may need Financial Planning:

Relocation - relocating from one state to another isn’t that easy. There are differences in taxes and cost of living. Job rates may differ too and so you may need to see Financial Planning experts to help you sort your finances out.

Getting Married Soon - taking a relationship to a higher level also needs to have Financial planning.. Couples who are planning to get married would need to consider things like budgeting together, or simply writing down the expenses for the whole household. Looking into expenses that can be cut in order to suffice the household and family needs. Also, keeping the bills in both names will be beneficial. It is helping each other to pay the bills and at the same time, maintaining both good credit scores.

Expecting a New Addition in the Family - Life gets inevitably complicated when the baby arrives. Baby clothing, diapers, and baby foods; these are just some examples of the soon-to-be expenses that soon-to-be parents would be expecting. Parents may also start investing on educational plans on their children’s early age.

Getting a Big Raise from Your Job - When you get that raise you have been waiting for from your company, then, it is time to work on your future plans. Work, earn and then save for your future.

Retirement - this is considered the pivotal financial moment in a person's life. A secure, comfortable retirement is every worker's dream And so,  people are being encouraged to do financial planning in their 20’s and 30’s in order to ensure they can secure a good retirement life when they get old.

Life sometimes  give us overwhelming events that do not go according to our plans. Still, plans make us ready for any unexpected event somehow. If you think you are in a situation when you need some financial advice, do not hesitate to ask for assistance, for it will help you live your life a lot better in the future. At D. Harrison Agency, we put our clients first by offering them policies that they can afford. Learn more about our products and services by calling our agency at (410) 559-5630. You can also request for a free quote by CLICKING HERE.​
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Pikesville, MD 21208
(410) 559-5630​
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