Hourly Financial Planning: Navigating the Knowledge Phase
Hi, I'm on the summit of Standhope Peak in the Pioneer Mountains in Idaho today hoping it doesn't get too breezy and you'll be able to hear this. I'm going to talk to you today about our next step in the EVOKE process, and that is the knowledge phase.
How Hourly Financial Planning Clients Can Benefit from the Knowledge Phase
Really, once we've identified what's most important to you, we’ve figured out what the obstacles are–some of those might be financial and some of them aren't–but now is where we're going to deal with the financial side of it — what you'd think of as the standard financial planning.
We'll look at projections and cash flow and taxes and all the kinds of financial planning things that you think about at this phase to come up with the financial plan for how to implement your life plan, how to implement the things that are going to be most meaningful to you.
Creating a Financial Plan That Supports a Meaningful Life Now
That's the most important part of this — that we're shooting towards a goal that's going to lead to a life that's meaningful for you right now. Not just in retirement, not just always working for the future, but what can we do right now to use your money and your resources to make your life the most meaningful that it can be.
Leveraging Expertise for Financial Clarity
And this is where the expertise comes into play. We walk out of this meeting, or a series of meetings sometimes, with a plan — with a knowledge of how you're moving forward financially and how that's going to work for you in the future.
Thanks.