Holistic Financial Planning
Financial planning goes beyond just net worth; it requires a comprehensive approach that includes various components like investments, liabilities, and insurance. The discussion highlights the distinctions between fee-only and advice-only models, emphasizing that advice-only planners focus solely on providing personalized financial education without managing investments. This approach allows individuals to make informed decisions while exploring different compensation models such as project-based, hourly, and retainer subscriptions for ongoing support.In this clip
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ChooseFI
352 | The DIY Financial Plan
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