Friday, June 24, 2016

The Surprising Ways a Financial Planner Can Help

You probably already know that a financial planner can help you with money matters. They can help you to increase your savings, to make some smart investments, to get rid of debt, and just to get to a better place financially. It might surprise you to learn, however, that these experts can also help you
with a lot of other things in the process. Read on to learn about some of the surprising, positive effects that hiring a financial planner can have.  

 
An Improved Marriage

Did you know that financial stress is one of the leading causes for failed marriages? In fact, in a recent study on relationship stress conducted by SunTrust, 35% of people in strained relationships listed finances as the main problem in their relationship.

The fact of the matter is that, no matter how much you love your partner, if you’re struggling to stay afloat and disagree on how to spend money, you’re probably going to have a lot of stress and get into more than your fair share of related fights.

When you hire a financial planner, it’s like hiring a mediator to help you and your partner discuss your finances openly and honestly. Together, you can figure out what’s causing your financial problems and what you can do to remedy them. Talking through your problems and then coming up with and working through a plan to make things better can bring you closer together and improve your marriage and your communication big time.

A Better-Functioning Family

Another thing that financial planners can help you with is developing a will and finding guaranteed ways to leave your money and other assets to your loved ones when you pass on. When you work with a financial planner to develop a clear and clearly detailed strategy for where your money will go after you pass on, you’re not only taking care of their financial needs; you may just be helping to smooth over potential fights or disagreements as well.

All too often, after the death of a loved one, family members find themselves turning on each other and squabbling over “who gets what.” When you’ve worked with a financial planner and made plans ahead of time, there is no arguing; the allocations have already been put in place, allowing your family to go on functioning happily and argument-free even after you’re gone.

Reduce Personal Stress

Finally, financial planners can help you to get rid of some of the stress and worry in your own life. If you don’t have a good financial plan in place, you probably worry a lot about the future, about saving for retirement, and even just about making ends meet. That can cause a lot of anxiety and unhappiness, which are the last things you want in your life, but when you work to create a doable financial plan with your financial planner, you strip away the stress and worry for good and can get on with just living and enjoying your life.


Financial planners do more than just help you get your finances in order; they help you to improve your life in multiple ways, and that alone makes them worth using.

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