Result: You're a numbers person, motivated by making a lasting impact.
Result: You're a numbers person, motivated by making a lasting impact.
If you’re talking money, talk value. Dive into the details, track your progress and learn the facts. Leaving a lasting legacy and changing the world for the better is important to you. Focus on the causes important to you and how you want to help, then make a plan.
Money Moves to make:
Money Moves to make:
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.
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
Put your money where your heart is
When you invest your money in the right places, it works hard for the people and causes you care about. Read this report on investing for a better future, and talk to a Financial Advisor about investments that reflect your values.
