For many of us, financial planning can be difficult. Maybe we’re young and we want to have a good time now and worry about the future later. Maybe we’re older and can’t bear to see how far behind we are in saving for retirement. Maybe we feel constrained by plans and want the freedom to enjoy life on the fly. For all of you, here are a few things to think about. A fresh point of view might just enable financial planning to feel rewarding – or maybe even fun!
It’s Not “Either Or”
This might be the most important piece of information in this article. If you’re thinking that financial planning (and financial discipline) will eliminate the fun in your life, please rethink your perspective. First of all, good financial planning recognizes that it’s important to enjoy life now and to prepare for the future. Yep, it’s true. We need to have fun in life now and in the future. Think about it. You want to go to Disneyland with your kids and you also want them to be able to afford college. You want to take your dream vacation with your spouse and you also want to be able to have a comfortable and fulfilling retirement. No one knows how long their life will be, so we need to enjoy it while we go and prepare for a long one!
Planning Can Be Liberating
I know that for some people, plans feel constraining. The truth is that they can actually be liberating. Again, it’s a matter of perspective. If you’re not a planner, consider the following. Plans are not meant to be rigid. They’re merely guides to help us achieve the things we want to get out of life. A simple fact is that if you don’t know where you’re going, you probably won’t get there.
Reducing Your Stress Feels Good
Most of us are concerned about the unknown. Will my car last another year? Can I afford college for my kids? Will I have to get by on just Social Security in retirement? What if I have a major medical expense? How can I possibly save up a down payment for a house? Can I ever pay off my expensive credit card debt? Maybe some of these kinds of questions are on your mind. With financial plans in place, most of these concerns will become much less stressful.
Getting Started Needn’t be Hard
Okay, establishing new habits can be difficult for many of us — seems like that’s human nature. However, you can make this a lot easier with a little experienced help instead of just going solo. Just give us a call and we can set up a no-charge, no-obligation initial meeting to get you started. Please visit our website or give us a call at 970.419.8212 to set up an in-person or virtual meeting.
This article is for informational purposes only. This website does not provide tax or investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Please consult your tax or investment advisor for specific advice.