It may not be as fun as the cake tasting but working with a financial advisor to put together a plan, which highlights financial goals for this new stage of your life, is an important investment towards your future.
If you’d like to learn more about how to put together a financial road map to achieve your goals, schedule a meeting with Beth Wahlig, Director of Sustainable Investing at MRA Advisory Group and let her help you craft a plan to reach your dreams and visions for the future. You may contact Beth via the information below and keep reading to learn more about how to prepare for the exciting new life changes coming your way!
Email: firstname.lastname@example.org — Phone: (908) 313-5241
As you look forward to your new life together, your lifestyle choices and financial decisions will be important. Here are four easy steps to take on your financial journey as a couple.
Open Communication & Flexibility
You will need to talk about money openly just like you discuss where you want to go on vacation. It needs to be an established routine for you. You will need to compromise and be flexible about where you spend money. You must help each other become smarter about spending and saving.
Lifestyle Choices and Finances
You should make all lifestyle choices with your finances in mind. Sit down and talk about what your future and what type of life you envision. What would you like to do in the next couple of years? What are your priorities and what will your cash flow needs be? Develop a budget together.
Ties That Bind
After you marry, your assets are bound together figuratively and legally. Make sure you prepare the proper legal documentation including wills and changing beneficiaries on your investment accounts.
A Financial Road Map
Work with a financial advisor to put together a plan which highlights financial goals to achieve. The Game of Life was a board game that was developed to see how your lifestyle will change from early adulthood to retirement. What are your next steps as a couple? Find the right balance between your current responsibilities like paying bills and focusing on making your dreams happen like buying a house.
WHAT ARE YOUR HOPES, DREAMS, AND VISION FOR YOUR FUTURE?
Advisory Services are offered through MRA Advisory Group, a Registered Investment Adviser. It is general in nature that the statements herein are not a complete statement of all information necessary for making an investment decision and is not a recommendation or a solicitation to buy or sell any security. The investments and strategies mentioned may not be suitable for all investors. Past performance is no guarantee of future results. Nothing herein, nor any attachment, shall be considered to constitute (i) an offer to sell, nor a solicitation of an offer to purchase, any security, or (ii) tax or legal advice.