Financial Planning As A Life Planning

Financial Planning As A Life Planning

07 Apr Financial Planning As A Life Planning

Life Planning help us achieve an authentic connection with dreams and aspirations that really matter to us and we want to rescue as driving forces for change in our lives.

When it comes to receive personal financial advice, most of the time one important factor is absent, the emotional component of a person’s life. This is the great challenge facing professionals to achieve purchasing a new approach to a type of personal financial advice known as Personal Financial Planning.

Life planning on ​​this premise that, at first glance, may seem obvious: financial advisers should discover, first, what are the deepest and most essential in the lives of the clients goals are before making extensive financial recommendations. A premise seems clear enough, right? So what makes it so different?

Traditionally, financial planners had been focused on the numbers, budgets, taxes, investments and planning related all that money, unexplored or consider the wider context, and emotionally complex that makes up the life of a person.

Similarly, client-side potential biases exist: they believe that a financial planner will only be interested in the financial and economic aspects of their lives, providing only tools that contribute to the planning and control of money.

The Life Planning has a more holistic and integrated approach. Its philosophy is based on the concept that each human being is proposed to live a life with meaning, purpose, goals and values. Therefore, the task of marketing planning should begin with the discovery of the aspirations and unique desires of each client, not always easy process, since it is dyed by fears, insecurities or resistance of the person to share something so intimate and significant.

Many of those desires, longings and deeper targets that took shape at some point in life usually are locked in our interior, or have been forgotten. Opt for the safe and predictable, facing fears and pressures that occur in adulthood is common. But then, over the years, those decisions as safe and predictable may look more like a straitjacket than a way that enables growth and the achievement of goals.

This is when many aspects of life begin to seem boring and meaningless. When we remember those early embark purposes often impotence.

Conclusions

With the right advice, you may allay those anxieties, old beliefs and preconceptions so tied to money that drive us in the pursuit of more and more and, instead, make a real connection with those dreams and aspirations that really matter to us, for both our personal welfare, and for those around us are our affections and deeper ties.

No Comments

Post A Comment