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Discovering the purpose of money

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William Mateo

We all earn money in our entire life and we all have some dreams to achieve. As one of the reliable financial advisors in Orleans, we have had a lot of discussions on money matters with our clients, and we have spent a really good time actually finding out what does it mean to have money in life. What is the purpose of your money? For every individual in this world, the purpose of money is different. You need to find out yours, and you must do it before you start wasting your money.

This is why we always insist our clients go for estate planning, wealth management, money management, and most importantly retirement planning in Orleans. We know that the questions about money are a bit hypothetical. Imagine you want to buy a BMW with all the money that you save in life. Is there a guarantee that you will save an amount that will help you buy your dream car? No. The money ideals should be realistic and this is what a financial advisor in Orleans will help you with. Let us have some more details about this.

Money is important, but it is just one element of your total wealth. As financial advisors in Orleans, we often talk to people about wealth and the planning related to it, we mostly refer to the following three dimensions of money:

* Financial

* Personal, and

* Social

The financial dimension refers to money, income expenses, investments, and your net worth. If wealth was only limited to finances, wealth management would simply be a series of business decisions to review and adjust the finances periodically and nothing else. In reality, most of the financial and estate plans created by advisors focus only on the financial component of wealth. But when you look beyond the financial component, you get to know about some personal concerns that are a little more important than money.

Have you ever thought about what makes you happy in regards to spending money? Is it charity, or spending on your children or retirement planning or travel, etc.? Are you aware that something is more important in your life than money? Many people say that money is the most important substance of one’s life, but it is not true. To actually discover the purpose of money in your life, you must know what is it that you want to achieve in life with the help of money.

When you will be able to answer the question, you will know the true purpose of money in life. For a detailed discussion on money matters, book an appointment with our financial advisor in Orleans, we will be glad to assist you.

William Mateo is the author of this website and writes articles for a long time. For further details about Retirement Planning Orleans and Financial Advisor Orleans please visit the website.

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