In a recent episode of the Standard Deviations podcast titled “The Power of Financial Purpose,” Andy Baxley, Senior Financial Planner at The Planning Center delves into the heart of financial planning, emphasizing that it’s not just about managing money—it’s about aligning finances with a more profound sense of purpose.
Andy shares insights from his rich experience working with clients from diverse backgrounds, particularly those in higher education and non-profit institutions. He discusses the importance of helping clients achieve clarity and confidence around their financial decisions, ensuring that their money is not just secure, but also a tool for realizing their life goals. Andy’s unique approach involves merging capital with purpose, guiding clients to align their financial plans with their values and long-term aspirations.
“It has been my experience that people’s stated values often differ dramatically from the way they spend their time and treasure…People tend to highlight lofty things – spirituality, fitness, family, all this stuff. But, when you look at the calculus of their lives, that doesn’t always line up.”
This conversation is a must-listen for anyone interested in deepening the impact of financial planning by making it more meaningful and purpose-driven. We highly recommend you check out this episode.