Whether couples combine their finances, keep them separate, or use some combination of both depends on their individual preferences, values, and circumstances. Whatever path they choose, having a full picture makes it easier to engage with major financial decisions.
As the holiday season shifts into full swing, now is a good time to begin looking at your upcoming expenses ahead of end-of-year financial planning, along with fine-tuning your annual budget as you prepare for the coming new year.
Knowing what you’re spending money on or saving for, and importantly why, can help you to balance the future and present, allowing you to find fulfillment in the financial choices you make.
Instead of limiting ourselves with a budget, let’s express ourselves with a spending plan. When you have a spending plan aligned with your values, it’s easier to give yourself permission to enjoy the spending and invest in living.
A client-advisor relationship can be much broader and richer than retirement calculations and investment strategies. Allowing an advisor to truly know you increases your trust and effectiveness in financial decision-making.
Periodically taking time to review your financial situation can alleviate stress and give you a sense of control.
We are all money people, each with a unique money story. Understanding your story is critical to effectively engaging with financial decision-making.
Periodically taking time to review your financial situation can alleviate stress and give you a sense of control.
With distance learning in place, and vacation plans uncertain, working parents are now balancing their responsibilities with expanded roles in their kids’ education and activities.