Lazarus Financial

Many people come to our office the first time with no understanding of the difference between financial engineering and financial planning. There are actually five ways to manage money decisions. They include personal financial engineering, financial planning, need planning, occasional planning, and no planning. The last three on this list are relatively easy to do and rarely meet with long-term success.

Financial planning is not easy to do. It takes effort, it is very costly and it takes a lot of time. It is heavily mathematical and requires a large amount of “number crunching”. In addition, it requires the participation of accountants, attorneys, insurance agents, investment advisors and mutual fund salesmen. Financial planning contains numerous variables such as interest rates, rates of return, income tax rates, and rates of inflation. Since it requires continuous monitoring and review, it increases the ongoing cost for advisors, as well as time and effort on the client's part. Financial planning limits its success to the goal that was established in the plan design and is not oriented to maximum success or cost efficiency. People who use financial planning lose a great deal of money without knowing it. However, they do avoid the pitfalls of occasional planning and no planning.

Personal financial engineering is the ultimate paradigm for financial success and creation of wealth. It protects wealth from being transferred to financial institutions, governments and corporations. Requiring much less time and effort than financial planning, it is surprisingly easy to do. Yet the results are spectacular. Because financial engineering does not involve “number-crunching”, it requires less monitoring and as a result, the cost of other advisors is kept to a minimum. It does not limit people to just their needs, goals and affordability issues. Many clients would say that the results definitely promote a happy and successful financial life.

Personal Financial
Engineering

is a system of money management that uses the flow of money (velocity) as the main task toward maximizing one's benefits and money supply. It will outperform traditional methods, causing a multiplier effect on your wealth creation process.