There’s no hard and fast rule that says you must have a certain amount of money before a financial planner will see you. Each financial advisor will have their own approach to your financial planning – whether you are starting out with one thousand dollars, or one hundred thousand dollars.

Whatever amount of money you start with, the first decision you should make when seeking financial advice is to define an end goal that you aim to reach. Your goal may be to pay off a debt as quickly as possible, in which case, the amount of money you will need would be reliant upon meeting regular monthly payments. The amount of these payments can be as little or great as your budget will allow and a financial planner will help you manage your budget with the aim of paying off your debt within a time limit that works best for you.

If your goal is to increase your wealth – whether it be a savings plan aimed at retirement or to buy a new car or a property – a financial planner will help you reach that goal no matter how much or how little you have to invest initially. You may have a lump sum that you are able start with or you may only have a modest monthly amount that you hope to build up into a sizable pool of money over time. A regular commitment of whatever your budget will allow, will build up gradually and reap the rewards you dream of – with professional advice from a financial planner.