25 Ways We Help Clients Build Better Relationships with Their Money
1.) We help couples talk about money and financial goals together.
Money is never the ultimate end-goal – only the means to reach one’s underlying objectives. Arrivity financial planners act as mediators and conversation guides around what can often be uncomfortable and difficult topics to discuss:
- If I die as the only income-earner in this household, do we have enough insurance to allow the family to keep a roof over its head and pay for the children’s college education?
- How much can, or should, we spend on vacations each year?
- What is an appropriate amount of money to spend on ‘dining-out’ each month?
- If your father dies and your mother needs living assistance, are we financially able to support her or have her move in with us? Can she or us afford a skilled nursing facility if required?
- Do we want to use the funds saved in the Donor-Advised Fund (DAF) to donate more to one charity this year or dedicate the same amount of funds but spread it amongst multiple recipients? Should Qualified Charitable Distributions (QCDs) be used instead?
Even with more light-hearted subjects, having a financial planner as a sounding board can help make sure your plans and lifestyle fit within your means and budget:
- Do we classify the expensive pickleball paddles we bought as ‘health’ or ‘guilt-free spending’ on our CashFlow?
- Is religiously taking your car to the Costco gas station that is 8.3 miles away worth the slightly lower gas price versus going to the much closer Fred Meyer/Safeway gas station?
- Should the golf cart we purchased be classified as a ‘transportation’ or a ‘hobby’ expense, and is it better to pay off rather than finance?
Having dedicated time and a safe space each year to speak with an Arrivity financial planner alongside your partner, spouse, parent(s) and / or children helps promote financial unity amongst your family and household.
Please contact us at: Contact Arrivity, 206.217.2583 or info@arrivity.com if we can assist you or someone you know with financial planning.
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