External Benefits of Financial Planning

Written by

Danny Chen

Financial Planning is about resource management for people to achieve their expected outcomes better with preparation.

However, do you know that the service itself improves not only the customer’s financial confidence but also their family life, mental health, and work satisfaction?

According to the Financial Planning Standard Board(FPSB), studies that cover over 7,000 users globally reveal that a professional financial planning service will benefit people in various aspects of their lives:

✅ Mental Health Improvement: 48% ✅ Family Life Cohesion: 48% ✅ Work Satisfaction: 37% ✅ Social Life: 35% ✅ Physical Health: 34%

Overall, understanding the financial resources they currently hold and the expected future resources they may have supports people in making better decisions with stakeholder communications in order to reach their future goals.

These benefits contribute to customer satisfaction and improve their quality of life. Climate change is a long-term human-made problem. As a climate stakeholder, if you truly love to solve the climate problem systemically, understanding the relationship between your life, your finances, and your net positive impacts will make you go long and further.