Clients recently went to a Financial Advisor to seek help with their personal finances, so they could purchase a new home in Lubbock. Based on their current financial situation, the Financial Advisor referred them to a Financial Counseling Agency called “Raider Funds Up” where you have been a Financial Counselor for many years.
You met your clients for the first-time last week and had the opportunity to get to know them. This is the first time they are seeking financial help and learning about their personal finances. Through this introduction meeting, you learned the clients need to first identify their own values and beliefs about money to help the couple work together to achieve their financial goals. During the meeting, you had both clients complete a Client Intake Form and Money Personality Assessment. They were eager to start talking about their finances and also brought you copies of their financial information. During the meeting, you did not review their finances.
Based on the information given during the meeting, you begin to take notes. After reviewing the information, write a ½ page summary (minimum 150 words) answering the following question:
- What are three potential financial alarming items you noticed from the intake form and money personality results that you need to raise awareness with your clients about? (we’re not looking at financial data just yet)
