More than anyone, busy women understand the value of time. Many of our clients are busy women who feel responsible for the well-being of their families. Hence, it stands to reason that the time/value of money is pretty darn important as it is a critical element that allows us to take care of ourselves and our families. It is no surprise our clients also know that life’s financial implications for women are different than for men. ![]() More than anyone, busy women understand the value of time. Many of our clients are busy women who feel responsible for the well-being of their families. Hence, it stands to reason that the time/value of money is pretty darn important as it is a critical element that allows us to take care of ourselves and our families. It is no surprise our clients also know that life’s financial implications for women are different than for men.
At Mosaic Fi we are thrilled that more than 90% of our clients are engaged in financial planning with us. Family, responsibility, relationships and accomplishment are values we cherish and being financially savvy is one of the ways we live our values. Statistically speaking, the majority of American women have not engaged in financial planning. Financial literacy in the US is dismal (less than half of states require financial coursework in their high school curriculum) and many times, those that would benefit the most, run in the opposite direction. Why don’t more people plan? Possibly because there is a lack of awareness and understanding of what financial planning is and means. And that it makes good sense to do in advance of big decisions, life transitions or before embarking on an investment strategy. Knowing where you are and where you are going will help you make good financial decisions along the way. Money and Control: What do I control? When it comes to money there are many things that are outside of our control and affect our financial outcomes, for better or worse. Out of our control are
One of Mosaic Fi’s core beliefs is that financial planning is a key component to achieving goals; including planning for retirement, funding our children’s/grandchildren’s education, starting a business and most importantly, helping make informed decisions when the unexpected happens. It is also a great way to start teaching kids about money. What Is Financial Planning
What Financial Planning is not
OK, I am convinced I need a plan. What do I do? Congratulations! The first step is to contact our office for access to MyMosaic, your personal portal to our financial planning engine and the checklist of documents needed for planning. In addition, we will schedule a meeting with Jenifer to discuss your situation including goals, concerns and any special circumstances unique to you and your family. Depending on your situation we will evaluate the different elements of your financial life such as: retirement planning, life insurance, disability insurance, long-term care insurance, college planning, appropriate risk profile for your investment portfolio, asset allocation, cash management, 401k plans, pensions, stock options, estate planning, tax optimization, budgeting, saving, etc. Once the analysis is complete, we will call you to schedule a convenient time to meet and review the plan. It is not unusual for questions to arise that may require us to make some adjustments. Remember, this is a fluid process. As busy women we understand the value of time. Taking the time to understand your financial picture will allow you to make better life decisions today and in the future. Please let us know your experience with and/or thoughts about financial planning.
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