Back when I was working at Snoopy, I worked directly with building marketing campaigns for annuities (we will chat about those soon). One of the things that I did in settling within my role was get to know the Financial Advisors and their process. Little did I know that season would be impactful now. Full circle, right?!

While the questions may vary by the person you talk to, there are questions that you need to be asking yourself when it comes to making a plan for your paper. Some folks call them financial objectives, but that is just a fancy name for goals. With building your goals, you should be thinking not just about the later, but the current day. You don’t just want to make sure that the generations after you are comfortable, but you as well! That is one of the ones that the wealthy thinks. We don’t just want to be rich, but down right wealthy! 

Here are some core questions that you can be thinking about before working with a financial advisor or just snatching time with me. While my questions are a bit deeper, these that I am going to share will help you have your perspective in formation with your funds! 

• What areas of your money have you worked on in the past? What was successful about it and what didn’t you conquer? 

This two-part question is helping you reshape your past performance when it comes to managing your money. You can learn and leverage everything you have done in the past to build towards the future. 

• What are your values? 

Money, Life, Friends - all of it! 

• Where are you thriving right now and why? 

This is allowing you to see your growth and what insight can give you gains towards other areas of your smoney. 

• What do you want your life and money to look like in 1- 5 years? 

This is giving you time to legit plot your short term goals out and allowing you to compare them to your day-in and day-out movements. 

• What does the word ‘wealth’ mean to you?

Your perspective determines your position. I don’t want you to just say how someone on social media lives, but how you want to live. Become your own goals with this question. 

• How do you envision your life in 10 years? 

These are your long-term goals! Build off of the former question. What you do today is a ripple effect for what you wish to see. 

• What changes are you expecting to do within the next 6 months to set you up for both sets of the goals you have? 

  What are you willing to do to get where you are aiming to go?

• How do you feel about investing, period? 

From retirement to the stock market, you have to know what you feel about it. Are you tender headed or able to handle what comes with it? 

• What are your biggest financial concerns? 

This can be the fuel you need to funnel the funds in a more strategic ways. 

• Do you have a budget? 

This question plays a bigger part into what you are doing. This aligns the conversation to yield context within the conversations you should be having with me or yourself. 

While these questions might make you frustrated, if answered honestly they can impact how robust your funds will be through your money focus. Don’t be annoyed if you can’t answer them right now. Take time to answer them fully and honestly. I will update this article with a worksheet in the near future for you to have it for building your strategy. 

For instance, you want to build passive income for retirement (great article around this). How much do you want to generate income wise in 10 years? (Long Term Goal) Well, you will have a Retirement fund or 2 (Goal fuelers) and you contribute $100 per pay period along with get match. But you also want to open up a brokerage account to align with that Long Term goal. The Mid Term Goal could be opening a Roth IRA and maxing that out. You can even invest within it. Depending on your budget, you can set a steady flow of how much you could contribute. Even if you don’t hit “max”, start. A Short term goal could be opening up a investment account on apps that allow you to learn more about investing and funds. The baseline will be that you set a budget and build up to the big goal with actionable steps (with Financial Products that connect). You leverage and learn while moving towards the goal. Here’s a Reel about Financial Goals!

Many get started saving or investing in stocks and don’t have an idea of the ‘goal post’ to know how to position their efforts. Goals along with buy-in (budgeting with what you have and will have) along with risk tolerance will help you configure that goal better. Oh, I talked about that here.

Tell me below, do you have your financial objectives/goals on lock yet? If not, what’s keeping you from making it official?