When it comes to financial decisions around goals, you might be similar to most people and start with your individual financial planning foundations first. That is, you may make decisions around your super fund, your insurances, your debts or investments. You may make these decisions in isolation with little reference to other areas of your life.
The reality is those wealth foundations ARE really important and each of those blocks need to be built so that your plan is sitting on something really solid. But you have to start with, “What will make me happy in life.” That is why we have you define your values first and construct goals based on those values.
Everybody has goals in life – reasons to save in the first place. But these are generally linked to your values. For example, if you value experiences you may have a goal for overseas travel or to retire early. Someone that values family may share those same goals in order to spend more time together.