Still not sure what good financial planning is for ?
Well I will tell you that it is one of the most important things that people can wear today.
This is so because without it, in the end, people do not obtain the best results.
It is no coincidence that most companies today have this management delegated to professionals in the financial sector.
Especially when we talk about obtaining financing and you are not sure which option to choose from all the existing options.
Although most people are not aware of this, I can assure you that today there are hundreds of different alternatives.
There is not only difference in the type of companies that offer the loans.
We already know the differences between online loans signed by Fintech companies and bank loans.
Now, do you know the difference between financial platforms and Crowdlending?
Do you know the difference between venture capital and an equity partner?
Because although many people consider them all in the same way, the reality is that they have nothing to do with it.
It is for all this that from our website we want to show how to do a correct financial planning .
It is also the best way to make financial decisions.
What is financial planning?
As its name indicates, it is basically about planning at a financial level what we need with the idea of obtaining the expected results.
It is not always carried out in the same way, each having different objectives.
There are people for example who want to obtain financing being for which they carry it out.
On the contrary, many companies use it to try to maximize their profits.
For other businesses, their priority is saving.
What is certain is that financial planning does not necessarily equate to processing a loan.
Both companies and individuals may want to carry it out and have no intention of borrowing.
How is this whole process carried out in the search for financing?
Let's say that clients are interested in requesting a loan from one of the hundreds of finance companies that exist.
The planning would be carried out as follows:
- Find out about your financial situation, if you are in delinquency records, what income you have, length of work and others.
If you do not know how to explain your economic, financial and work situation well to the financier, you will lose more time than expected in the processing.
- Choose in what type of companies you have to apply.
Based on your financial situation, you have to analyze in which financial you can request a loan.
For example, if you are in a registry such as Credit Checker, do not make the credit in a bank.
- Once you know what type of finance companies are possible, the next thing is to see in which of them you do the credit processing.
There are people who process the loan in several places at the same time although we do not usually advise it.
Even more so in private loans as almost all financial companies are managed with each other.
- Apply for the loan
As you can see, this process, although simple, is rarely carried out by customers.
They believe that it is faster for them to go straight to the processing, discovering later how it is not.
In the end, more time is wasted when we go direct than if we do good financial planning.