Our Philosophy
Foundations for Financial Planning:
At Boise River Financial Planning we believe there is so much more to financial health than an investment portfolio. Our process is designed to take you beyond investments to create a financial plan based on your underlying goals, values and objectives.
Align finances with your values, goals and priorities.
- To create a financial plan that applies to your life, it needs to reflect what is most important to you.
- Financial goals can be abstract, however your priorities should align with your actions.
- Saving and spending should reflect your priorities.
Make smart money decisions.
- Professional advice can improve smart money decisions and reduce poor money decisions.
- Minimize investment costs. Unnecessary costs are a drag on your investments.
Savings
- Saving today is like paying your future self. Saving at an appropriate rate for your lifestyle will help provide stability now and into retirement.
Manage Risk
- Appropriate use of insurance to protect against loss and the unexpected.
- Shopping wisely for the right insurance can greatly reduce cost.
Risk with Investing
- Investment returns are the reward of taking risk. Managing risk appropriately starts with understanding how much risk you should take.
Manage Debt
- Borrowing is an important resource for managing finances.
- Debt comes with an implied pay off plan, choosing the right pathway forward can vary.
Tax Management
- Honest strategies for saving and investing in a tax efficient manner.
- Smart tax management is important in retirement.
Perspective
- Objective analysis from a finance professional should yield valuable insights.
- Advice should go beyond the products offered by many finance professionals.
Plan for the future.
- Creating a long-term plan gives you confidence in your decisions to enjoy spending today and saving for tomorrow.