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The Importance of Having a Financial Plan

What is a Financial Plan?

Financial planning is a better approach for personalized financial advice. The process involves taking a comprehensive view at your finances, including a full understanding your values, financial objectives and concerns, that will guide financial recommendations.

Financial Planning will address:

  • Where my money is, where is it going, and is it in the right places to accomplish my goals?
  • How much should I be saving to meet my objectives?
  • Am I prepared for unanticipated risk?
  • Is there more I should be doing now and in the future to be prepared?
  • Is my family protected if something should happen to me?

Who Should Have a Financial Plan?

Anyone who is financially active and seeks trusted financial advice, should have a financial plan in order to improve their financial future.

Characteristics of people we can help:

  • Serious about working toward financial success
  • Value a pro-active thinking partner
  • Motivated to improve their financial situation
  • Wants to make smart decisions with their money

Why Should You Have a Financial Plan?

Creating a financial plan will help you:

  • See your finances in one place to understand how your financial decisions impact your financial success.
  • Be prepared to recalibrate financial decisions when life events happen
  • Create thoughtful strategies incorporating your long-term financial goals
  • Understand what you need to do to improve your financial future

How Can You get a Quality Financial Plan?

By partnering with a financial professional, you gain:

  • Organization: Bringing order to your Financial Life
  • Accountability: Follow through on financial commitments
  • Perspective: Bring insight from the outside to help avoid emotionally driven decisions
  • Proactivity: Anticipate life transitions to help be financially prepared
  • Education: Providing knowledge/education pertaining to your Financial life
  • Partnership: Work together to help you plan for your best Financial Life