Have you ever found yourself thinking about your money?
If not, you can join the .0001% of the population because the rest of us think about money every single day. Yes, that was a silly question.
Most of my friends and family know that I am a financial advisor so they grill me regularly with questions. They know there is almost nothing more that I enjoy than discussing money and investing.
The single, most frequently asked question is, “what should I be doing with my money?” My reply is, “where do you want to be financially in the next 5 years, 10 years, and into retirement?”
I’m really good at answering questions with questions.
While I don’t mean to be facetious, this is my role as a financial advisor because no two human beings are the same, regardless of how much we all think about our money. The purpose of asking questions is to help get you thinking about your finances and your future. So here you are assuming your questions will be answered and your load will be lightened, when in all reality, you end up leaving with a lot more to think about, and it can be a heavy burden. But the ensuing result is a plan that will get you closer to achieving your financial and retirement goals.
With that said, like any good new year’s resolution to lose weight, eat healthier, and exercise regularly… developing a financial plan and actually sticking with it takes discipline. The weight loss experts say it’s fine to try a new diet, but if the eating plan is unrealistic, you won’t stick with it. It’s the same concept with your money… if you don’t set realistic financial goals; you will not succeed in reaching them.
As the New Year is already well underway, I hope you have started thinking about how your financial future is taking shape. Please give me a call to meet for a cup of coffee so that we can spend some time going over your questions and begin working towards a good financial plan for the years ahead.
Written by Cindy Alvarez