In your life, you’ll have all sorts of relationships – with your family, your friends and even with civic groups and charitable organizations. But have you ever considered another key relationship – the one you have with money?
As you know, money can stir up strong emotions. You might get nervous about spending or feel concerned that you’re not investing enough. But you’ll actually help yourself by taking the emotions out of your saving, spending and investment decisions.
One way to do that is to develop a solid financial strategy, based on your goals, risk tolerance and time horizon. By sticking to a long-term strategy, you’ll be less likely to make impulsive money-related moves.
In your relationship with money, you don’t have to go it alone – you can enlist some help from your partner or other family members, who can help you keep on track toward your short- and long-term goals. You might also benefit by working with a financial professional.
Like all successful relationships, the one you have with money requires work. But you’ll find it’s worth the effort.
This article was written by Edward Jones for use by your local Edward Jones Financial Advisor, Casey Caliva, at Historical 30th & Fern.
Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation.
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