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What a holistic strategy can do for your financial planning in Kansas City
August 24, 2021 at 7:00 AM
What a holistic strategy can do for your financial planning in Kansas City

When you’re planning your finances, it’s recommended that you consider the big picture. Not only should you be thinking about where your money is going now, but be aware of what it’s going to be doing for you in the future. You want to find as many ways as possible to grow your wealth while protecting it at the same time. With help from our team at OWLFI, you can take a look ahead with a holistic strategy for your financial planning in Kansas City.

Achieve your financial goals

It doesn’t matter if you’re trying to save for the future or get out of debt, neither is going to happen without a plan. With the help of a financial planning expert, you can put together a holistic strategy that takes into account every aspect of your finances. From car payments to mortgages to retirement planning, you can take a strategic approach to every part of your finances.

Efficient short-term budgeting

No matter how far into the future you want to look with your money, it’s still important to focus on the present. A financial planner can take a look at the finances you have on your plate now so you’re better able to consider the future. This means taking care of debts and finding areas where you can cut unnecessary spending with an eye to the future.

Effective long-term planning

It’s good to have goals when you’re planning for your financial future. However, if you’re not sure how to get there, these goals can sometimes be difficult to attain. For instance, if you want to retire with a beach house in the Caribbean but you also want to take yearly trips to the French Riviera, you need to know how much that’s going to cost. If you’re spending money hand over fist now, it might be difficult to achieve these goals. Your financial planner will help you put together a realistic budget so you can reach your long-term goals of living large.

Financial protection

While building your wealth is a big part of reaching a place where you feel financially secure, it’s also to make sure that it’s protected in the long term. Your bank accounts can be drained in an instant after any of a series of unexpected events strike. These can be the death of a family member, a natural disaster, an auto accident, or any number of unspeakable events. Part of your holistic financial planning will include an insurance plan so your money is protected.

Appropriate retirement investing

Most talk that surrounds retirement planning includes contributions to a 401(k). This can be especially effective if your employer matches your contributions to a certain percentage. However, there are plenty of other places you can invest your money to plan for retirement. Whether this is an IRA, a business, or the stock market, your financial advisor can help you weigh the options and make the best decision for your future.

Schedule a meeting with us

Get started with your financial planning in Kansas City with our team at OWLFI. We’ll help you put together a holistic strategy to manage your finances now and well into the future. Our experts have years of experience helping clients manage and grow their wealth and can do the same for you. Give our nearby office a call or get in touch with our chat tool. You can also send a message using our contact form and we’ll get back to you to set up an appointment.