Result: You're a verbal person, motivated by family.
Result: You're a verbal person, motivated by family.
Have one-on-one money conversations whenever possible. Talk it out or write it down. Providing for your loved ones is important to you, so if you’re ever at a loss focus on that. This is your north star.
Money Moves to make:
Money Moves to make:
Give while you live
You don’t have to wait until after you’re gone to establish a legacy. There are many powerful money moves to create a legacy while you’re around to enjoy it. Check out this kickstart guide for inspiration on how to give to the people and causes you love:
- Fund someone’s education
- Provide life-changing support, like helping a child move to a new city
- Give the down-payment on a loved one’s home
- Create a donor-advised fund, which gives to multiple charities in an organized way
- Give a meaningful donation to your alma mater
Discuss a financial plan for the future with your parents.
Discuss a financial plan for the future with your parents.
Starting a conversation is an important money move, sometimes we just need help getting started. Our fill-in-the-blank money talk guides are the perfect way to organize your thoughts when it comes to commonly avoided conversations. Start planning now.
Money Talk
When you open the lines of communication early and often, money talks don’t have to be contentious. UBS research shows that partners who share financial decisions feel more positive about the future and less anxious about money.1
Money Beliefs Kickstart Guide
These conversations are tricky. You and your partner may have different ideas about what you want your money to do, both now and after you're gone. If you understand why your partner feels differently, it will be easier to come to an agreement. Use this Kickstart Guide to help start a conversation that gets to the root of both your values.
- Who do you want to receive your wealth if you’re no longer able to enjoy it?
- Who are the most important people in your lives and how should your wealth be divided among them?
- Do you and your partner agree on how much to leave to your children, if any?
- Do you want to leave anything to the people or causes you care about?
- Do you want to put any parameters around inheritance?
- If you and your partner disagree, can you find a compromise with elements that are important to you both?
