Life is about so much more than money. Have you truly defined what you want out of life? Of all those things – family, lifestyle, contribution, causes, comfort, freedom, etc. – which ones have NOTHING to do with money? Even the things that aren’t directly connected to income or savings are still affected by them. Some of you may want to amass a fortune. Others want to live comfortably, but then give to and volunteer time to efforts you are passionate about. Either way, a lack of information and lack of planning could keep you from reaching those intentions.
Money absolutely isn’t everything, but it impacts nearly every part of life – how you spend your time, the moments you enjoy with loved ones, the options you have regarding your health, and so much more. Wisdom with money can put you ahead of someone who has a much higher income but is wasteful. Good planning can give you options to choose from in an emergency. Having an overall strategy can help you make decisions as unexpected situations come.
When you’re about to drive to a new place you’ve never been, do you start driving randomly and hope you stumble across it by chance? No! Don’t you put the address in your GPS? And then, it tells you what your route options are, what the current conditions are like, and when you can expect to arrive. Back to my question at the beginning… What do you want your life to look like? What options do you want to have? Most people don’t plan to fail, they just fail to plan. With no money plan in life (like with no GPS), you can bounce around randomly with no idea where you’ll end up or when you’ll be there.
The greater impact you want to make in life, the more deliberate you need to be about how you’re proceeding. The greater lifestyle you want, the more discipline you need to have. The more you want to spend time with your grandchildren and spoil them, the more secure your retirement needs to be.
If you’re not sure about your plan, or if you don’t have one at all, then it’s time to sit with someone who can actually help you evaluate your current situation, explore your options and then set a route to get there – a GPS for your financial life! We can be this for you. Some financial professionals charge for consultation, we have decided not to. Some financial professionals only represent one company, we work with more than 200! Set up a free appointment to talk with us. If you like what you’ve seen here and like how we do things, then we can go to work together to get you to your goals.