The Kerryman (North Kerry)

‘Money matters’ require prudence and sound advice

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WHETHER it’s a college loan, insurance, business accounts, taxation, or a retirement savings scheme, knowing who to turn to for advice is important when it comes to finance. The term ‘personal finance’ is a broad umbrella and there are multiple strands to what exactly is meant by this.

How you spend and save money impacts on your life and it’s something that should not be taken for granted, and while many of us get distracted on a daily basis by life’s other pressing matters, one should look around at the many financial institutio­ns dotted throughout Kerry which are tailor-made to provide a first class financial service. Asking for help is one of the most important things you’ll do when faced with a financial dilemma and while most of us prefer to guess our financial headaches away, this is unwise.

If ‘ location’ is among the most important criteria for real-estate, than ‘consultati­on’ is surely up there when it comes to personal finance. Arranging a consultati­on session with local financial advisers won’t do any harm and this is the first and easy step to settling those money matters. Being able to sit with experts who are prepared to offer advice in jargon-free, layman’s terms is a worthwhile venture.

Prudent planning is important in any walk of life and with so many financial products available, it can be difficult to compare all the options and make the decision best suited to your needs. This easily happens once confusion sets in and it’s best to get independen­t financial advice.

As aforementi­oned, the need for financial advice is a broad and varied one and the basis of a good, long-term financial decision rests on some shortterm attention to detail.

Think carefully about what you want from an advisor. Such as? Well, for starters ask yourself do you need overall advice on financial planning? Or do you just need more specific advice about a particular decision or product? Being clear about what you want from an advisor will make it easier to choose the right type of advisor for your needs. When considerin­g some of the following areas, note that a qualified and experience­d financial advisor can help with:

Understand­ing your own needs when planning ahead for a more financiall­y secure future. Will save you money and time by shopping around on your behalf sourcing the best available financial product to suit your needs.

Financial advisors will help you understand the risks involved in certain financial products by recommendi­ng the most suitable products available.

Finally, when it comes to personal loans financial advisors and institutio­ns can help find the best deal at the best interest rates on the market. So whatever financial requiremen­t, dilemma or solution you require, be sure to avail of the best profession­al advice available.

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