Financial Planning Helps You Get Where You Want To Go
When you drive, you tend to steer towards where you look. The same holds true with your finances. If you have a planned approach to what you want to do with your finances, you are more apt to get there.
A planned approach can include such things as:
- Understanding your financial goals
- Discussions and agreement with your spouse on how to arrive at your goals
- Staying on track with bill payments, debt reduction and regular periodic investments
- and knowing how to allocate the investments you are able to make.
Having a planned approach does not mandate a written financial plan, although you could certainly develop one.
If you want your children and grandchildren to have a better life than you do, then a planned long term approach (spanning more than your lifetime) can be helpful. At FamilyMoneyValues.com we will soon be offering a free checklist to help you develop a long term family wealth plan.
If you have worked hard to provide for your family and descendents, you probably want to make sure that the financial rewards you provide for them actually are beneficial.
Believe it or not, being wealthy can be harmful to your children.
At FamilyMoneyValues.com we strive to help families build and maintain their wealth and their well-being for multiple generations.
Our free information is there to help you recognize and avoid the negative impacts of wealth, as well as learn about and apply techniques used by the ultra wealthy to make and keep their family wealth and legacy.