Facilitating Meaningful Conversations with the Financial Satisfaction Survey

As one of the cornerstones of the M.Q. Financial Life Planning toolkit, the Financial Satisfaction Survey (FSS) is likely part of your client meeting process, but are you using it to its full potential?  The Financial Satisfaction Survey addresses both the emotional and rational realms of an individual’s financial life and provides a means for identifying . . . → Read More: Facilitating Meaningful Conversations with the Financial Satisfaction Survey

Tool Examiner: Retirement Vision

There is a lot of truth to the old saying “if you don’t know where you are going, any road will take you there.”  Therefore, it is important for you to encourage your clients to envision and articulate the various elements they want to include in their unique version of “retirement.”

Research has shown that “degree of . . . → Read More: Tool Examiner: Retirement Vision

Tool Examiner: Personal Insights about Life Balance

As a Financial Life Planner, an understanding of the nature and influence of values is essential.  Your goal is to learn what is most important to each client and to allow that understanding to guide your interactions, advice, and service.  In addition, you strive to help your clients become more aware of what is most important . . . → Read More: Tool Examiner: Personal Insights about Life Balance

Guiding Positive Change with the Life Transitions Survey

As one of the centerpieces of the M.Q. Financial Life Planning toolkit, the Life Transitions Survey is likely part of your client meeting process, but are you using it to its full potential?  The Life Transitions Survey is designed to help your clients better understand the inextricable ties between life and finance.  It will also open . . . → Read More: Guiding Positive Change with the Life Transitions Survey

Tool Examiner: Personal Insights about Planning and Goal Setting

This “Tool Examiner” article looks at the Personal Insights about Planning and Goal Setting tool.

Many individuals are reluctant to set goals because of prior unsuccessful experiences.  Another common reaction is feeling intimidated or pressured by the goal setting process.  Negative feelings about goal setting can short-circuit the Financial Life Planning process.

Before beginning the goal setting process, . . . → Read More: Tool Examiner: Personal Insights about Planning and Goal Setting

Tool Examiner: My Ideal Week in Retirement

This “Tool Examiner” article looks at the My Ideal Week in Retirement tool.

In retirement, most of your clients will have more freedom than ever before regarding how they choose to spend their time.  For some people that is an exciting prospect, and for others it is a frightening one.  But for most, it is both exciting . . . → Read More: Tool Examiner: My Ideal Week in Retirement

Tool Examiner: Designing Your Financial Legacy

This “Tool Examiner” article looks at the Designing Your Financial Legacy tool.

Many have a strong desire to give to others.  They feel blessed and want to repay society for that which they have received.  They may call this a “debt of gratitude.”  Others say they “want to make a difference.”  Either way, they see strong needs . . . → Read More: Tool Examiner: Designing Your Financial Legacy

Tool Examiner: Present Financial Life

This “Tool Examiner” article looks at the Present Financial Life tool.

Present Financial Life (PFL) is a tool designed to create a life-focused, values-based context for your initial data gathering efforts with prospective and new clients. PFL will help to build rapport with your prospective and new clients while also keeping your “get acquainted” conversations efficient and . . . → Read More: Tool Examiner: Present Financial Life

Tool Examiner: Retirement: Thinking it Through

This “Tool Examiner” article looks at the Retirement: Thinking it Through tool.

Research has shown that “degree of thinking about retirement” is the most powerful predictor of taking retirement planning action steps. The purpose of M.Q.’s Retirement: Thinking it Through tool is to stimulate thinking about retirement and to assess feelings and attitudes about that stage of . . . → Read More: Tool Examiner: Retirement: Thinking it Through

Tool Examiner: Defining True Wealth

This “Tool Examiner” article looks at the Defining True Wealth tool.

The word “rich” can be defined as possessing great material wealth; and, it can also be defined as that which is “abundant, meaningful, and significant.” What does being “rich” mean to you? Financial security is an important goal, but is it enough? Is money the only . . . → Read More: Tool Examiner: Defining True Wealth