Financial Health Services HomeFinancial Directions Online

Getting Your Money’s Worth

Value Your Dollar

Have you ever:

  • ...priced an item by phone only to find the store raised it by 30% within the 10 minutes it took you to get there? 
  • ...kept paying more for a specific job because the providers never quite fix what you asked for? 
  • ...purchased from an opportunistic vendor who offered no extra value for their price increase? 
  • ...shopped where the price structure is whatever the salesman wants to charge?

What extra value do these people offer for their higher prices?  Society is experiencing depreciating economic value from businesses and employees giving less for more and not taking responsibility for their work. This inefficiency has spread into every type of business transaction.

There is much mind bending propaganda about the kind of financial professionals consumers should work with. A little perspective about this can save you a lot of time and money. Consider that value is not achieved by how or what a planner gets paid, but by knowing the value before you buy.

Like physicians, fee planners often charge a rate for their services. Many think this somehow means planners get paid enough to be objective, even though they are under constant pressure to write larger cases. Yet people get second opinions all the time.

This is not a problem if you're satisfied with their work.  If you're not satisfied you get stuck paying a second fee planner, because what good is “objectivity” if it does not solve your problems?

Rate Their Work

To get an idea of your plan complexity, multiply a planner's knowledge base of strategies times product offerings by your experience with setbacks and you will uncover thousands of moves to choose from. If your plan/planner did not address this reality, your plan is likely missing some seriously needed puzzle pieces.

Also, when you buy financial products yourself you can usually get implementation advice from the writing company you bought it from. The risk is that you may not be getting what you think you are, which often causes premature or unsuitable buy-in. See Your BIGGEST Financial Risk and Professional Collaboration Methods

Are planner costs reasonable?

Personal injury attorneys can charge clients up to 40% of what they recover on pain and suffering claims, plus 40% on any subrogation reductions they negotiate. This may be okay, if you agree with what you are paying for and you received more funds than doing it some other way. 

Additionally, some states allow creditors to charge consumers up to 40% annual interest on certain lended balances.

Research suggests that most financial planners earn less than 2% of the losses they recover for their clients, regardless of their cost structure. Fee or not, that’s value! 

Our business approach is quality work commissioned only after you are satisfied and no plan fees. The value of this is that you can know if you like our products before you buy them. 

Financially sound consumers protect what they can't self-insure and save toward financial independence.  Our service is honorable because it compensates for shortfalls using products they already need.  In these circumstances, our experience in knowing what to look for becomes both valuable and apparent.

Many tell me they wish they had used our plan years earlier in place of the one they were using because:

  • Our planning addresses and implements their real concerns.
  • Our cost structure enhances their ability to make effective decisions.
  • Clients report never having a plan/planner perform so well to their intended objectives.

If you want to approach financial health the way we have described in this site, please contact us.
 


Financial Health Services | (208 or 877) 375-0770 | Contact by Email
2225 S. Challenger Lane, Boise, ID 83705

Disclosures | Designed by StudioGravity.com
The material on this web site is copyright ©2000-2011 by Joel Cleverley and Financial Health Services. All rights reserved. If you copy any of our materials please obtain permission first by email.