Result: You're a hands-on person, motivated by tangible goals.
Result: You're a hands-on person, motivated by tangible goals.
You learn by experience, so dive in. Try different ways of getting involved and interactive with your money to find your flow. Enjoying the fruits of your labor is important to you (and you deserve it). Focus on all the things you want to enjoy, then budget, save and invest to reach them.
Money Moves to make:
Money Moves to make:
New Financial Goals Kickstart Guide
It’s time to reevaluate how your financial goals fit with the goals you have for your life. Meeting with a Financial Advisor can help you build a comprehensive plan and remove some anxieties around the unknown. Here is a list of questions to talk with a Financial Advisor about right now:
- Do I have enough to sustain my lifestyle?
- What is my updated net worth and asset allocation?
- Does my current budget align with my goals?
- Are my values reflected in my individual financial plan?
- Am I saving enough and in the right places?
Know Your Net Worth Kickstart Guide
Before you can go anywhere you have to know where you stand. One of the first money moves you can make is to calculate your net worth. Net worth equals your assets (everything you own) minus your debts (everything you owe).
Use this Kickstart Guide to help determine what assets and debts might factor into your calculation.
Assets:
- Checking, savings and other cash accounts
- Investment accounts
- Employer retirement plans (401(k), SEP-IRA, SAR-SEP IRA, SIMPLE IRA, 403(b), 457 Money Purchase)
- Individual Retirement Accounts (Traditional IRA, Roth IRA)
- Annuities and tax-deferred products (Fixed Annuity, Indexed Annuity, Variable Annuity)
- Education accounts (529 plans, UGMA/UTMA, Coverdell Education Savings Accounts)
- Employer stock awards (e.g., stock options)
- Deferred compensation plans
- Primary residence
- Secondary residence / vacation home
- Other real estate
- Collectibles / personal property
- Cars / boats
- Business entities
- Cash value of insurance policies (e.g., life insurance)
Debts/Liabilities:
- First mortgage
- Second mortgage
- Lines of credit (e.g., against homes or investments)
- Car / boat loans
- Business loans and other securities-based loans
- Credit cards
Budgets can turn your income into dreams
Budgets can turn your income into dreams
The word budget is often associated with limitations, but budgets are actually tools that help you achieve your goals. By managing your spending in the short-term you’re setting yourself up for long-term financial success. That means your dream starts today. Use this simple worksheet to take the first steps toward creating a budget.