Financial planning is a collaborative process that helps maximize a client’s potential for meeting life goals through financial advice that integrates relevant elements of a client’s personal and financial circumstances. Creating a holistic plan can help you reach your personal financial goals—whether it’s buying a house, paying for college, saving for retirement, or leaving a legacy for your family or a charity. Make the most of saving opportunities, tax strategies, investment management and insurance protection.
Talking Financial Literacy and Money Management with Your Children
Financial literacy is one of the greatest gifts you can give your children. Understanding fundamental financial concepts provides them with the knowledge, skills, and motivation to responsibly manage their money and achieve their goals, whether they’re a young child saving up to buy a toy or a recent college graduate who’s out on their own for the first time. The sooner you begin these life lessons in money management, the better.
Choosing a financial planner is one of the most important financial decisions you will make. An advisor should communicate effectively and will support your achievement of short- and long-term financial goals.
When 2022 rolls into 2023, I suggest you pick one financial item you wish to accomplish and make a proclamation rather than a resolution. A financial proclamation is an inclusive resolution that lets the people who are important to you know that you wish to involve them in a better future together.
The road to becoming a doctor is long. From college to medical school, residency, and fellowships, it can be years before doctors begin earning a substantial income. And the process can generate massive student debt. Therefore, it is important to have a financial plan to get ahead.
Meeting with a financial planner for the first time can be fraught with anxiety. The more information provided in the initial meeting, the more meaningful the discussion will be. A good financial planner can process this information and lay out a clear path of how they can assist you.
The Latinx community often focuses on taking care of the family as a unit. I recommend that you introduce your financial planner to your family early in the process. By bringing your family into the equation, you will accelerate the relationship you are building with your financial planner.
Working with a CERTIFIED FINANCIAL PLANNER™ professional can allow you to focus on your small business needs, while your trusted professional works for you to help reach your financial goals.
You have goals! Setting and monitoring strong financial goals is more important than ever. But where do you start, and how do you make them effective? Search the internet for goals of any kind and you
“I don’t have enough money to get a financial planner,” goes the common lament. However, the notion that financial planning is only for the rich is misguided. In fact, the earlier you work with a financial planner, the better.
It is tempting to take a salary increase and spend it as you please. While it is important to enjoy the success of your hard work, consider how you can benefit from your increased income. With the assistance of a CFP professional, a salary increase can become an opportunity to make a long-term impact.
If you are reading this, that means that you have already done the hard part in vetting, selecting and meeting a financial planner! This article is going to address the question of how often should you expect to meet with your financial planner.
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