Financial Planning

Goal-Based Financial Planning

Goal-based financial planning has become extremely popular in personal finance circles. This is where you prioritize your financial goals. If we know our goals and work on a plan to achieve them, we can be more successful financially.

The employee benefits for professionals in corporate careers can be generous. Increasingly, most large corporate employers' focus is to provide some level of financial wellness for their employees. Financial wellness is defined as the overall financial health of the individual.

Jim Collins' blockbuster bestseller book, Good to Great, exemplifies going from getting Good results to getting Great results. Although his ideas have been applied to business success, the same principles apply to your personal finances. In this blog, I discuss the four core principles of going from Good to Great that can be applied to personal finances.

Discipline Yourself

A 2020 Vanguard survey of generations and investing showed that younger Americans (Gen Z and Millennials) are significantly around three quarters more interested in learning about investing than older generations.¹ Millennials are twice as likely to use a robo-advisor for investments than baby boomers. Around the same amount would like to receive professional financial advice in the future. The research shows that even knowing younger generations want to use technology, they understand the importance of professional financial advice.

Health care employees, such as nurses, work in a unique environment, with long work shifts and heavy demands on their schedules. In this blog, we discuss five key strategies that nurses can use to more effectively take control of their personal finances.

If you manage your own money, you are like most other Americans, according to the 2019 CNBC Invest national public opinion survey. Only 1% of those polled said they use a financial advisor. Then how can a Financial Planner help you?

Are you a Do-It-Yourself (DIY)-er type of person? Maybe you are the one who sees something that needs to get done or fixed around your home or office and takes it on, or maybe you like doing things on your own in general.  It could be a much-needed bookshelf.  A computer program that needs tweaking.  Perhaps a car part needs to be put in. Your neighbor might like going to the gym, but you prefer working out on your own and trying different things.

Financial planners are here to help clients accomplish their financial goals. In the past, in- person visits with your financial planner made a lot of sense. But with advances in technology, it has become much easier to get connected virtually with financial planning professionals. I will outline four important benefits of working virtually with your financial planner.