Starting today, I will be giving away 1-year subscription to eFinPLAN online financial planning software (a $98 value). Entries will be accepted up until June 24th at 11:59PM PST. How do you enter, you ask? Make sure you are subscribed to the RSS feed or by Email so you can get the secret code you will need to email me to have a chance at winning!
I think many people wish they could get a personal financial plan, however they resist it because they can’t afford the thousands it costs or they fear they might be pressured to buy some kind of insurance or investment product. In addition you have to divulge nearly everything about yourself; this can be intimidating and embarrassing. Kent Irwin, a Chartered Financial Consultant, created an online solution that anyone can use to produce their own financial plan, and it only costs $98 per year (billed $49 semi-annually). eFinPLAN is web-based, so there are no lengthy software downloads, and it can be accessed from any computer. The online questionnaire is easy-to-use and follow. All you have to do is answer online questions, and then a comprehensive 60+ page personalized financial report (pdf) is generated.
The report covers all of the basic financial topics like: Net Worth, Spending, Retirement, College Education, Future Purchases, Investments, Insurance, and Estate Planning. In addition it also addresses the following areas that are not covered by most other financial planning software: Money Habits, Debt Analysis, Money Tools, Relationships and Values, Charitable Giving and Utilizing Trusted Professional Advisors. The report is in an educational format, covering over 50 topics, so you learn a lot about financial matters, as you read your plan. The report concludes with an action step implementation checklist, a detailed report of things you can do to improve your financial situation.
Financial planning is an ongoing process, therefore eFinPLAN allows you to finish areas later if you are missing any information, and make adjustments if your situation changes (i.e., receiving a raise, having a baby). In addition, the software has the ability to run multiple “what-if scenarios” that permit changes to assumptions, interest rates, savings, etc. to see how the plan might change when variables are changed.
So if you want a chance to win an eFinPLAN, make sure you are subscribed to the RSS feed or by Email so you can get the secret code to have a chance at winning! Once you have the code (found at the bottom of the posts inside the feed and email all week), email it to me and you will be entered in the giveaway. I will announce the winner on June 25th. Good luck!