Broker Check


October 17, 2022

Choosing whether to work with a financial planner is a big decision, one that will affect you and your finances for years to come, so it's important to really consider your options. People often think that they can do it themselves, and sometimes they can. But going this route will not be easy, and it will take a lot of time and effort. You will need to do extensive research and planning to reach your goals, but it's not impossible. If you decide to work with a financial planner, you will have one less thing to worry about and will have more time to live the life you desire. The following are the top 7 reasons why working with a financial advisor can be the best decision you've ever made.

  1. You can't be an expert at everything

Making sure that you make the right decisions when investing and planning for your future takes time and experience. You likely aren't an expert when it comes to investing, and that is okay, it's why you are here. A financial planner's only job is to help you plan for and reach your goals. Working with a financial advisor significantly increases your chances of accomplishing those goals. The less time you spend trying to learn everything there is to know about financial planning, the more time you'll have to spend with your friends and family doing things you enjoy.

  1. Time is your most valuable asset 

Between working, taking care of your kids, spending time with friends and family, and enjoying hobbies, there isn't much time left in the day. Time is the one thing in life you can't get more of, so you should spend your time doing things you enjoy. Working with a financial advisor will give you more time to focus on the things that are more important to you, while still giving you peace of mind knowing your finances are taken care of.

  1. Less stress

Worrying about whether you are making the right decisions when it comes to investing and planning for your future can be stressful. Lots of time and effort go into making these decisions. Working with an experienced financial advisor will take some of that stress off your shoulders. One of the main reasons for couples having problems is not being on the same page when it comes to finances. It's just one less thing you need to worry about at the end of the day. Having a financial planner with your best interest in mind will help keep couples on the same page. You will know that your finances are taken care of and in good hands when you work with an experienced financial planner.

  1. How much do you know about taxes?

There are all kinds of tax breaks out there that people don't know about. Also, most of the time, people don't incorporate long-term tax planning into their financial plans. Working with a financial planner, you'll know that you are taking advantage of all the tax breaks and have a plan for future taxes.

  1. Accountability Partner

Everything is easier when you have someone holding you accountable. Your financial planner will help make sure you're staying on the right track. Life happens, and things change unexpectedly. Working with a financial advisor, you can plan for the unexpected, and adapt as things change. It's easy to say, "well this wasn't supposed to happen so now I can't do this", but having a financial planner will ensure that you keep on track and keep moving forward, despite how things may change.

  1. Get Organized

Think back to when you were in college or high school. How easy was it to forget when you had assignments due or had tests when you didn't keep a planner? Staying organized is a key to success no matter what you are doing. The same principle applies to your finances. If you don't keep your money organized, it might go missing! Don't let disorganization hold you back! At Evans Wealth Planning, every client gets their own unique website just like the one you see to the right, that breaks down where your money is being invested and how it is being used. 

  1. A Custom Plan for You

When you go to buy a new suit, it's obviously going to be better if you get a suit that is tailored just for you, rather than a generic one off the rack. A financial planner uses the same concept. Through 20 years in this business, we've never run into two clients with the exact same needs. While taking advice from people like Dave Ramsey can certainly be helpful, it's generic. You need a plan that is specific to you and your needs, and that's what you'll get when you work with a financial planner.

This is not an all-inclusive list. There are several other benefits of working with a financial planner. These are just 7 of the most common. So, ask yourself, what do you have to lose from working with an experienced financial planner, or better yet, what do you have to gain?

  • More time
  • Less stress
  • Organization
  • Knowledge about taxes
  • Better relationships with loved ones
  • A plan specific to you
  • Peace of mind