In a relationship each individual brings something different to the table. We see couples everyday who have different attitudes toward how they deal with and respond to managing their finances. This can include a difference in risk profiles where one individual may play it safe while the other may be keen to take risks and invest, or a situation where one individual prefers to save and the other is a spend thrift, or where one plans for their financial future and the other lives for the moment.
Whatever the case may be, conflicting attitudes about how to manage money may stop couples reaching their lifestyle goals. That’s why the process of getting a financial plan is so beneficial because as financial advisers, we act as an educator to ensure the financial needs of both people are met.
For many people, there is a relief that comes from getting a financial plan and the financial benefits of starting now can be hugely rewarding. If you and your partner need help with aligning your financial needs, book a FREE financial health check and get in the driver’s seat today.
General advice disclaimer: This article has been prepared by FMD Financial and is intended to be a general overview of the subject matter. The information in this article is not intended to be comprehensive and should not be relied upon as such. In preparing this article we have not taken into account the individual objectives or circumstances of any person. Legal, financial and other professional advice should be sought prior to applying the information contained on this article to particular circumstances. FMD Financial, its officers and employees will not be liable for any loss or damage sustained by any person acting in reliance on the information contained on this article. FMD Group Pty Ltd ABN 99 103 115 591 trading as FMD Financial is a Corporate Authorised Representative of FMD Advisory Services Pty Ltd AFSL 232977. The FMD advisers are Authorised Representatives of FMD Advisory Services Pty Ltd AFSL 232977.