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Attaching values to goal setting helps create an effective financial strategy.
Values-Based Financial Planning: The Art of Creating an Inspiring Financial Strategy is an interesting tool for financial advisors.
At first, it appears to be a layman's guide or a how-to book for financial planning. But, in fact, it's really a useful organizational tool for advisors before they begin the financial advising process.
Bill Bachrach's approach to financial advising is to use a combination of goals and values to assist clients in creating an organizational system. Subsequently, advisors can use this system to determine the best financial planning advice for their clients.
From the advisor's standpoint, the approach creates a win-win situation. Potential clients are programmed to be organized and to seek financial advisors rather than contact salespeople. On the other hand, the advisor can use this book to educate clients and create an appropriate mental attitude.
Included in the book are a financial road map and case-study examples, both of which are valuable learning tools. Attaching values to goal setting is a reasonable and inspirational process-it...