The client had enough cash to pay for the project but wanted to weigh all the financing options. This is the type of advice we as financial planners are often asked to give.
Funding a large purchase should be thoughtfully planned. I always recommend that clients take a moment to consider how a potential purchase impacts their overall financial plan and long-term goals, and I work with them to quantify those impacts. If you decide that a purchase aligns with your goals, then you can think about how to fund it. Here's a rundown of some common options.
Denne historien er fra July 2024-utgaven av Kiplinger's Personal Finance.
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Denne historien er fra July 2024-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
HOW INFLATION ADJUSTMENTS WILL AFFECT YOUR TAXES
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KIPLINGER ADVISOR COLLECTIVE
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WHAT MAKES AN ETF SUCCESSFUL?
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TIPS FROM INSIDERS
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