Financial Life Planning: What Do You Want to Be?

November 2003
Journal of Financial Planning;Nov2003, Vol. 16 Issue 11, p30
Academic Journal
The article discusses several issues on financial life planning. It is suspected that while some individuals' daydreams of doing other things with their lives may be whimsical or short-lived, many are very legitimate. If it is indeed a money issue holding them back, then it may be permission form a money professional that help move them forward. Financial planning discussions ultimately revolve around the goals and needs of clients. The financial planning dialogue ought to address the quality-of-life issue and as it may be preservation-of-life issue in the goals discussion. The fact that so many people wish they were doing something else cannot be good for individuals, the family, the workplace or society as a whole. Jeff Lambert, who works in Sacramento, California, tells a story of how he may actually have saved a client's life. When talking to clients about their goals, remember that the dialogue is about more than what they want to have or even about things they want to do. It may be money issues that hold them back from becoming what they dream of being.


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