Getting Your Financial House in Order

December 11, 2022

Planning for your financial future is much like building a house: They both take time and effort, but when done correctly, they may last for generations. Building your financial house begins with a strong foundation and with the end in mind. That’s where Renasant Financial Services can help. We can assist you in building the foundation for a stronger financial future.

The Foundation

Much like an actual house, we begin with the foundation of your financial house. Consider the foundation the base levels of your finances which include:

  • Budgets (weekly, monthly, quarterly, annually)
  • Financial Statements
  • Creditors and Structure (debt)
  • Safe Deposit Box Inventory
  • Tax Returns
  • Wills and Estate Planning

Building the House

Once the foundation is laid, we begin building the house. Think of building the house as saving and growing wealth. These vehicles include:

  • Short Term Savings (three to six months)
  • Long Term Savings (six months and longer)
  • College Savings
  • Retirement Savings

Protecting the House

Now that your financial house has been built upon a strong foundation, we can work towards protecting the house. Protecting the house might be the most important part of the process. To begin, we will look at:

  • Health Insurance
  • Life Insurance
  • Disability Insurance
  • Auto & Home Insurance
  • Long-Term Care Insurance

Like a real house, there is much to consider when building your financial version. Renasant Financial Services helps you through the entire process - beginning with a firm foundation, all the way to protecting your financial house and those most important to you.

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Renasant Bank and Renasant Financial Services are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Renasant Financial Services, and may also be employees of Renasant Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Renasant Bank or Renasant Financial Services. Securities and insurance offered through LPL or its affiliates are:

 Not Insured by FDIC or Any Other Government Agency Not Bank Guaranteed  Not Bank Deposits or Obligations  May Lose Value