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As you know there’s a buzz about values of financial planning. Many people try to find out the real meaning of these values and correspondently they work out different versions but to my great regret these versions are mainly based on banal human prejudices. So I’d like to make your prejudice evaporate right now. I’ll tell you the meaning of those values. So to cut a long story short values of financial planning should mean for you just a method of your financial planning. I repeat that it’s exactly your method of financial planning because when it comes to financial planning you’ll have to take into account your personal values. So I hope that you’ve understood the meaning of financial planning values in the right way. Perhaps after my explanation you might think that these values of financial planning can’t be problematic. But on the other hand this matter isn’t so easy I should say.

Perhaps you are currently expressing your faithfulness to those values of financial planning. In other words you simply avoid some investment opportunities because it seems to that they’ve failed to get along with your values of financial planning. But the problem is that you might be wrong in this case and this means that your values are wrong in this case. Certainly I tell about this rather approximately because I don’t know your satiation. Perhaps you are likely to think about a full time job as the main guarantee of avoiding financial disasters. By the way your thinking about a full-time job is also a vivid example of those values. Values are supposed to be an extremely powerful motivation for the vast majority of people. I don’t doubt that you are also motivated by these values but the matter is that you should understand whether they are rational or not.

By the way being driven by values of financial planning some people often take into consideration such a specific activity as charity. And what about a charitable tax? From my point of view this tax should be taken into consideration if you really plan to deal with charity. Perhaps it’s going to be the main obstacle to your charity activity. By the way it’s also advisable to make sure that charity organizations are going to spend your funds in the right way because there are so many fraudsters wearing masks of charity organizations.

Furthermore you should think about estate planning if don’t want to lose in this case. And if your current values of financial planning contradict to any kinds of investments activities then you’d better modify these values because investment activities can’t be ignored now. But to succeed in your investment activity you should learn this persistently though it’s another article I should say.

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