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  • Writer's pictureAdam Goldfarb

Create a Personal Financial Plan That Aligns With Your Values

Creating a personal financial plan that aligns with your values is an essential step towards achieving your financial goals and living a fulfilling life. Here are some tips for creating a financial plan that reflects your values:


  1. Define your values: The first step in creating a plan that aligns with your values is to identify your values. What matters most to you? Is it family, community, personal growth, or something else? Once you have a clear understanding of your values, you can start to prioritize your financial goals accordingly.

  2. Set financial goals: After identifying your values, the next step is to set financial goals that align with them. For example, if you value community, you may donate a percentage of your income to charitable organizations. Or, if you value personal growth, you may want to invest in continuing education or travel. Setting clear, specific financial goals will help you stay focused and motivated.

  3. Create a budget: A budget is a crucial tool for achieving your financial goals. It allows you to track your income and expenses and to ensure that your spending aligns with your values and financial goals. When creating a budget, be sure to allocate funds towards your values-based financial goals.

  4. Prioritize debt repayment: It can be difficult to align your financial plan with your values if you have debt. Prioritizing debt repayment is an important step towards financial freedom and aligning your finances with your values. Create a strategy to pay off your debt as soon as possible, and avoid taking on additional debt unless it is necessary.

  5. Invest in sustainable or socially responsible investments: Consider investing in sustainable or socially responsible investments that align with your values. These investments allow you to support companies that are positively impacting the world while still achieving your financial goals.

  6. Review and adjust your plan regularly: Your financial plan should be a living document you review and adjust regularly as your priorities and values change. Set a schedule for reviewing your plan, and make adjustments as needed to ensure that it continues to align with your values and financial goals.


Creating a personal financial plan that aligns with your values is an important step towards achieving financial freedom and living a fulfilling life. By defining your values, setting financial goals, creating a budget, prioritizing debt repayment, investing in sustainable or socially responsible investments, and reviewing and adjusting your plan regularly, you can align your finances with your values to help achieve your financial goals. It's never too late to start a financial plan that aligns with your values – start today and take control of your financial future.



Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Prior to making an investment decision, please consult with your financial advisor about your individual situation. Any opinions are those of Adam Goldfarb and not necessarily those of Raymond James. This material is being provided for informational purposes only and is not a complete description, nor is it a recommendation.

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