Quality-of-Life Financial Planning

When people lay out their quality-of-life plan, they create a powerful vision that excites and guides them in their financial decision-making. In turn, their financial strategies, initiatives, and spending behaviors become more purposeful and disciplined.

They move away from a restrictive budget mindset to a proactive, longer-term execution focus. Their financial scorecard is simplified to enable a few quality-of-life plans across various life cycle phases.

The idea that they …