WHAT IS A FINANCIAL BLUEPRINT? DO I NEED IT?

Life may be unpredictable but we can prepare for its uncertainties. Having a financial blueprint is a must.

Life is so uncertain.

You cannot agree more, am sure. Who would have thought that the sleeping Taal volcano would suddenly erupt in January of this year? Who would have thought that its ash falls would reach places even as far as Manila? Basketball fans were surprised to hear of basketball legend Kobe Bryant’s sudden death. If these surprises were not enough, Covid-19 came to the scene without warning. No one has ever prepared for it. No one foresaw that this pandemic would happen this year and bring about devastating effects not just locally but globally? Not only physically but more so economically and socially?

We can prepare for life’s uncertainties.

Having witnessed how this pandemic impacted your financial scenario, creating your own financial blueprint suddenly becomes a necessity. Creating

 this financial masterplan will help you prepare for whatever life may throw at you. Having a financial blueprint helps you achieve your financial goals like your dream house, your car, your own description of life during retirement. Simply put, you can pull off your financial goals and achieve FINANCIAL FREEDOM! Life is full of uncertainties but having a financial blueprint safeguards you against financial blows. Therefore, it ́s a must to have your own financial blueprint. To maximize what it can do for you, let’s understand first what a financial blueprint is.

Financial blueprint is a comprehensive financial plan that helps you layout your financial goals.

It is a master plan that connects all the details of your financial goals. It assesses your present financial
condition and determines where you want to go financially. Financial blueprint is likened to a house plan. Before a house is built, planning starts with an idea in mind of what the house would look like, the number of bedrooms, the size and style of the living room, dining and kitchen. These ideas would be coordinated, applied and drawn cohesively into what we call a house plan. These house plans are reviewed, revised, finalized and eventually printed into blueprints. These design blueprints are then implemented down to the smallest details to accomplish what the house owner so desires.

Financial blueprint is a way for you to not only visualize but also to put into writing your financial goals. It helps you list them down and walk you through every stage and phase to achieve them. If revisions are necessary, then they should be
incorporated carefully.

It allows you to have a guiding tool, a direction where you would want to go. It serves also as a protective
rail to enable you to stay the course and not swerve to the left nor to the right. Simply put, stay on the
right track. Financial blueprint helps you pursue your goals and achieve them regardless of any obstacles
or bumps along the way.

Financial blueprint is the design layout of your financial goals conceived in your heart and penned down
for proper implementation.

Financial blueprint involves process of monitoring towards achieving your financial goals.

As you spell out your current financial condition and your financial goals, a process of monitoring is done in order for the financial blueprint reach its goals. Once a house plan is finalized, then comes the builders like the carpenters, plumbers, electricians, etc. With the house blueprint in place, the architect or engineer now monitors the progress of work ensuring that the plan is executed to its very details. Yes,
financial blueprint starts by having a comprehensive plan but it definitely involves constant monitoring to make certain the goals are achieved. This is where we find ways and means to accomplish points you have written down bringing you closer to the ultimate financial goals you have set.

The process involves a constant revisiting of your financial blueprint assessing the hits and misses of the plan. This process will motivate and help you adapt to a changing environment because you want to be certain that goals will be met. Similarly,a house being built involves guidance in every detail, programmed works, charted activities all in
reference to the house blueprint. Yes, Financial Blueprint is a comprehensive financial plan but it also includes the process of monitoring to achieve your financial goals. Fulfilling your financial goals and dreams conceived in your heart and written down on paper will enable you to say in the future that you have lived the life that you have dreamed of.

Feeling the need now to have your own financial
blueprint? Click here to learn how to.