Technology and financial goals - A easy way to manage your financial future

MIAMI - May 29, 2013 - PRLog -- Today, almost every aspect of life can be compacted into a mobile app, and with the swipe of a finger, you can access your finances.  You can even execute investment trades and view every statistic of the market. The access to technology is beginning to shape a mindset of individuals who have the feeling they can do anything from their phone. After all, if there's an app for it, why do I need a professional service?

http://www.berlinconsultinggroup.com

Technology does offer people many convenient tools to manage their finances and plan their goals; however, financial planners are busier than ever and still offer extremely valuable information. The personal relationship and the ability of the financial professional to ask the right questions and apply their experience allows for a comprehensive plan to be developed. Once a plan is set, then the technology can be used to track, manage, and assist in reaching the goal.

This is a subtle difference between the use of technology as a tool, and technology as a replacement of a service. Once a person is confident of their financial goals, then technology becomes a great way to be monitoring finances to achieve the goals. When the bank uses technology to allow customers to deposit a check via mobile photos, this is a replacement for teller service. For personal finance, the financial advisor is still very much relevant and necessary to put a financial plan into action.

There are several questions that technology cannot answer and no matter how many texts you send your app you won't get the answers to these important questions:

How does marriage effect finances?
How much money is needed to plan for a child's future?
Can I retire in twenty years?
Should I consider purchasing life insurance?
What are the tax ramifications of my financial plan?
Should I buy or rent a home?

These questions are examples of many common concerns that individuals may have regarding their life and finances. Speaking with an experienced professional allows a person to gain perspective on these areas in their life and to begin to plan for the future.

Technology is amazing and there are incredible tools, but a plan and goal starts with a conversation that results in various outcomes. What you can do is begin the conversation by using technology. If you're reading this article then you have already used technology to research and discovery your next step.

Contact Berlin Consulting Group today to schedule an appointment to learn more about how to plan for your financial future.

http://www.berlinconsultinggroup.com