Friday, 19 February 2010 09:37
On your path to financial wellness, it's important to have someone who can encourage you and keep you accountable along the way. So, who should you choose as your financial accountability partner?
Someone you can trust. You're going to discuss your personal finances with this partner, so you need to feel that you can trust them. This person should be able to actively listen to you with a non-judgmental attitude.
Someone who can tell you the truth. If you truly want to achieve financial success, you're going to want your accountability partner to tell you when you're spending too much or not saving enough. In other words, this person should be able to call you out without fearing your reaction.
Someone you can relate to. Your accountability partner should be a person you relate well to and can understand your situation or background.
Someone who is financially wise. If your accountability partner struggles to keep their own finances in order, they might not be the best person to give you direction.
Someone who can encourage you. There will be times when you mess up, but your financial accountability partner should be there to encourage you and give you advice for getting back on track.
If you don't already have someone in mind, FORUM offers Financial Accountability Partners (FAPs) at every branch location who are trained to help you achieve your financial goals.