You're watching...
A new website of tools and content that visually maps out life's major financial decisions
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- today we're very happy to -- actually they some of formally go anywhere tell I'm Norma plan -- is.
Are a supply once is a free online tool to help consumers better understand.
Have a plans and ninety -- affect the finances in the future when we're talking goblins lodge financial decisions like buying a cop.
Putting kids through college -- purchasing -- I'm more having children and those decisions which usually involve some form of debt as well yeah.
That's what plan was really all about.
What does that mean that -- -- good like.
I'm thinking.
-- And.
And they will -- It's it's a really good starting point -- the way we can we help position not plan was remained.
Is mean -- helps people understand what I've spent in the past it's historical told him to essentially opened.
They're understand how to the Spain bailed -- by strong looking at what I've spent.
What plan wants does is enables you to plan the things are looking to do in the future.
And say hello listings play out financially so that you can make better decisions now and not -- -- still seems that it you know things in the future that are going to be hard to manage like you know I'm about icon now.
And then on -- four years light arms to buying -- current and potentially.
-- -- admitted decision or and this is a really important one.
-- -- -- Impact my ability to size of the deposit for the house that we're looking for because we always plan has put kids in for four years tonne that's really -- plan -- supplies at.
Forward looking and planning specifically around.
Launch plans that typically get involved some form of credit product like -- order online -- still.
And some of these lousy different sense you know like I sat down and tried to do those retirement calculators we see -- in retirement and there's nobody yeah -- -- zeros and the number I can't turn it off and move on to.
-- I think they will -- be part of the picture and and it's really important rubbish to talk to financial products as well spice product space I think you invest in yeah.
In any for one Italian -- -- -- managed funds.
And then there's the commitments that you might that -- data and also -- -- investments is well you know house is certainly part of your investment strategy.
But the commitment to buy household -- commitment turn.
-- put a kid through college or someone you know financing and -- with a streamlined.
-- commitments to did as well we think this is a really important pot of people's complete financial picture and if they're trying to I get into a situation in the future within north.
Stuck in a particular a financial situation like having to tie down and power streamlined that is impacting your ability then by investment property.
Then plan -- really helps complain that by so it's it's it's been in the in the -- contrition more complex than just.
Planning for its common -- looking at some form -- Thomas sightings calculator it's like a real time visual.
Why have hoping someone to understand what -- -- to -- Is -- financial picture at the money for example and if you bought that car and six month low key is what you financial picture look like month to month from -- And he's what are you what you'll be situationally not like he's a -- -- -- And this from Philly -- looking but we also help people who understand.
Within might be negative situations where you don't what we wanna tied down -- -- wants to types six months off.
You -- to rise -- children.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And so it also helped able to plan for -- types of situations when I.
No old -- time I don't have any income coming in almighty beginning get a rise you know they're expecting to get more money than having to commit to a financial.
Decision now like buying -- -- -- -- like you know the really made.
I mean knowing that will it's going to be tough for a few months where we're expecting a -- -- months.
For -- zooming -- -- get laid off as is the case.
OK so yeah -- so what makes you wanna go out and do some -- like this.
It's it's it's really good question I think there it is a huge focus on creation of wealth.
And I think you know that that's a that's definitely part of the picture but to help people create will -- -- they -- Help them not get into a situation.
Where did when they gonna be regretting their decision and I think.
I'm in and that's the other the other side of the coin with treading wealthiest is -- giving people confidence in making financial decisions solid.
I mean will we when we content is on plan wasn't on my -- -- -- you know in probably -- and -- I think -- -- them.
Working in software for banks can -- federal money to banks in Australia and -- we identified that there was some real value in not just providing tools to the child's -- but also providing.
You know -- a single version of those tools directly to -- and she -- idea behind doing that.
Is not in any type of bank out of the picture but to give the can Shimon.
The ability to get fit their -- better acquainted with what they're planning to do it.
And typically this is around.
The transaction still -- don't which product which bank you have -- you really have to be talking to financial advisor for that but more around.
Or should -- the power of the house so I'm going to -- might -- myself from people.
Really -- -- people who don't have -- you know the 95% instead of the financial background.
-- like the late from the numbers to visually what that really really means to you indicted -- month -- month -- in five years from now nothing that's.
That's where we really -- -- plan one that I think it really.
