Financial Planning

Do you have life goals? Hopes and dreams you hope to achieve before you die? What are they? Will it take money to realize these ambitions? Chances are, it will! And chances are, you’ll need to establish a plan to get there. Once you have a plan, however, you can take the proper actions needed to accomplish your objectives. A sad fact is that many people spend more time planning their meals than they do planning their financial lives. With the proper plan in place, you can set achievable milestones to ensure your financial goals are realized.

Though you may think financial plans are only for businesses or the hyper-rich, in reality a financial plan is for everyone – even those who may not have a lot of “finances.” In fact, those with constrained resources often need a financial plan the most!

A financial plan, in its simplest terms, is a path to reach your goals – financial or otherwise. Many people want to earn more money, but money should not be the end goal. Your money, and therefore your financial plan, is the vehicle, not the destination.

Do you want to retire early and travel? Are you burdened with credit card payments and want to live debt free? These are life goals, and they require a financial plan to meet them. Consider where you are today and where you want to be tomorrow. The financial plan is how we connect these two points.

Financial Planning is a regimen which includes all facets of personal finance, including planning for education, retirement, investment, taxes, insurance, and your estate. It is a necessity to define your financial goals and develop strategies for reaching those goals.

What Is Financial Planning?

A financial plan defines your goals and objectives and helps identify how your hopes and dreams can come to fruition. It should involve saving for both short and long-term situations, making smart investments, and possessing acceptable insurances for the protection of you and your family. It should take full advantage of the benefits from your employer and it should help you have the essential legal documents in place to prepare for emergencies.

You must remember, financial planning is a process and not a product. It is the long-term technique of sensibly handling your finances, so you can accomplish your goals and dreams while tackling the financial obstacles of everyday life as well. For HeartStone to create a sound financial plan, information is vital. We collect data on your current assets, liabilities, expenses, etc. Of course, we take the time to understand your goals and aspirations as well. Once data is gathered, we explore all available options to help you best achieve those goals. Once we’ve explored options and implemented a plan, it is our job to monitor that plan and how things are progressing.

Who Can Benefit From Financial Planning Services?

How do you know if you could benefit from the services of a financial planner? You may not have the expertise, time, or the inclination to actively plan and manage certain financial aspects of your life. You may want help getting started to understand the importance of what a solid financial plan can mean for your future.

financial planning servicesWith a solid financial plan you are best prepared for life events like marriage or divorce, planning for the birth or adoption of a child, caring for aging parents or a disabled child, coping financially with the death of a spouse or close family member, or even facing a financial crisis such as a serious illness, layoff, or natural disaster. These things do happen and, if they don’t, it certainly makes sense to be ready. Procrastination is the greatest enemy of financial independence and it is important that you do not succumb to it.

Get Started With Financial Planning Today

When it comes to planning for the future, you may not even know where to begin. A financial plan can help you harmonize your everyday obligations against your long-term goals.

The greatest tool – or the most detrimental handicap – to financial planning is time. The sooner you begin your path to financial freedom, the more time your financial plan has to pay off.

Where do you want to be in one year? What about five or 20 years? Create your own life goals and dreams. For now, it’s not about whether you’ll have the money or not. Don’t forget, money is a tool to reach your goals. Think about what you want and where you want to be, separate the steps, prioritize them, and then make it happen!

HeartStone Advisors can help. With over sixty years in the financial services industry, we’ve seen it all. We can handle the financial planning needs of most clients, regardless of wealth. We’re confident we can help you realize your dreams. Regardless of your net worth, HeartStone brings an equal level of care and attention to all of our clients.

Give us a call today and let us show you how we can help you plan for you and your family’s future.

Get Started Today!