Time to get philosophical, y’all. Let’s take a moment touch on the deeper impact and purpose of financial planning.
When Money Positive was launched back in 2015, my focus, like many in this field, was on the technical aspects of finance - compounding interest, stock markets, bonds, and so on. While these remain important, I've come to realize that my true passion lies elsewhere. What I find truly fascinating about financial planning isn't the tools themselves but the freedom and time they can give back to people.
The Real Value of Planning: Time and Peace of Mind
Financial planning is often seen through the lens of achieving specific monetary goals or preparing for retirement. However, I believe its real value lies in alleviating stress and freeing up mental space. Think about how much time the average person spends worrying about finances. If that energy could be redirected towards creativity, family, or personal growth, imagine the positive changes we could see in individuals and society.
Empowering Creative and Personal Pursuits
Over the past year, I've helped numerous clients, including my partner, plan sabbaticals or transitions to pursue their passions, like becoming a full-time artist. Witnessing the transformation in their lives as they regain their time and energy to focus on what truly matters to them is incredibly gratifying. This is the essence of what financial planning should be about.
It's remarkable to see people who, once they get a handle on their finances, feel empowered to make significant life changes. Whether it's going back to school, starting a business, or advancing in their careers, financial stability can be a powerful catalyst. It's not just about accumulating wealth but about providing the security and confidence to pursue one's true aspirations.
The Bigger Picture of Financial Planning
Our aim at Money Positive is not just to help people understand stocks and bonds but to utilize these financial tools to create space in their lives for what truly matters. It's about reducing anxiety, fostering creativity, and returning time back to people. This is the real power and beauty of financial planning.
If you have any questions or thoughts about this philosophy or anything else financial, feel free to reach out. We're here to help you gain not just financial clarity but also the freedom to live your life to the fullest.
This article is based on original advice shared in the Money Positive’s video Financial Planning Is Really About Getting Your Time And Energy Back. It was written in blog format with the help of ChatGPT to expedite publishing on our website.