understanding financial values
We know from research that those who have a clear idea of what’s important to them are generally happier in life than those who don’t. How you direct your wealth plays a critical part in this. We believe to get the most from a personal financial plan, you need to have a good understanding of what’s important to you.
But many people have never had opportunity or tools to think about their values in a structured way. So when we ask our clients what’s important to them some people don’t know how to respond.
That’s why we’ve developed a range of simple tools and techniques to help you discover what’s important to you.
After more than 25 years helping people reach their financial goals, it’s become clear to us at ipac that good financial planning comes from understanding people and what’s important to them, and building a financial plan around that.
But understanding our authentic values and goals is easier said than done, which is why we’ve developed a set of values cards – a fun, interactive way to identify what’s important to you.
Sort the cards into two piles. The first pile includes all the values that are most important to you. The second pile includes those values that seem less relevant.
Take the first pile of cards with the values that fit well, and select the ten most important.
Now, review your selection and narrow the list down to your top five values.
Review your finances to assess whether your financial goals are consistent with your five most important values.
Once you’ve explored what’s most important to you, we can help you can plan your finances accordingly - whether that means building more wealth, changing jobs to spend more time with family, or transitioning to retirement, we can help you develop the right strategy to live the life you want.
To understand what this means for your financial plans get in touch with one of our advisers