April 2015 A13
MetroVanIndependent.com
Business
Why financial planning is important
FINANCIALLY YOURS
By Nicky Felipe
It is a great opportunity for me to write
for Metro Van Independent Media and to
reach out to as many readers as possible
for the purpose of educating people at
different life stages on different relevant
personal finance topics.
Let me introduce myself first to
you before I discuss what to expect on
my succeeding financial column I’m
a Certified Financial Planner, a Debt
Consultant, and Retirement Lifestyle e
Coach for 11 years and a founding member
of Financial Planning Foundation. As a
practicing Certified Financial Planner, there
were varying financial problem uncovered,
financial opportunities discovered,
f i n a n c i a l my th s c l a r i f i e d,f i n a n c i a l
behavior changed, financial solutions
recommended, and financial strategies
implemented.
I firmly believe that a financially literate
society will positively impact the future
economic and social well-being of our
country. It is in the hope of sharing my
accumulated years of experience that
readers will learn to be more proactive with
their personal finance.
Personal finance covers a wide range
of topics. I will present each topic as
simply and as clearly as possible from both
technical and behavioral perspective. I will
give at least one tip or take away action
plan to improve your personal finance.
Topics will range from how to write
your financial goals, financial planning,
budgeting, debt management, risk
management, wealth accumulation, wealth
I firmly believe that a financially
literate society will positively
impact the future economic and
social well-being of our country.
preservation, retirement planning, estate
planning, financial issues with divorce,
senior issues, insolvency, etc.
Your financial success lies in your
hands. It’s your choice to stay informed
and take control of your finances or be
complacent and stay apathetic with your
finances. The latter attitude usually results
to a more stressful and difficult life. Studies
indicate that behavior towards money
contributes to 80% success to achieving
financial goals and 20% can be attributed
to the financial plan. This is similar to the
old proverbs saying that “You can lead a
horse to the water but you can’t make it
drink”
Life is all about having choices—and
having choices and well written financial
goals is what leading a successful and
satisfying life is all about.
Watch out for our next issue tips
and strategies as you re-examine and
restructure your finances for a less
stressful life.
Nicky Felipe is a Certified Financial
Planner, a debt consultant and a retirement
lifestyle coach in Canada for more than
a decade. She is a founding member
of Financial Planning Foundation. She
is passionate about Y X