Self Education is the Beginning of Your Journey to Financial IndependenceSep 30, 2021
One of the saddest statements I hear from people is the following...
“I do not want to understand what is happening with my money, I want someone else to manage it and I just want to see it grow.”
You have also probably heard this statement from folks and maybe you agree. It seems like an appealing idea to have someone take care of your money for you.
But what if I told you that…. that exact mindset may cost someone $100, 500K, or even $1 Million+ over their lifetime?
Would we still want to have someone else take care of it for us and pretend everything's just fine?
Think of an activity, hobby, or something that you are super passionate about. Would you want someone to just do it for you?
Say you love Soccer or Football or Baseball…. Would you want someone else to just watch the championship games for you and relay the information with a two-minute summary?
At the Empowered Financial Planner, we do not tell our clients that they must KNOW it all, but we are adamant about the need for people to understand three things.
- First, what is happening to their money and WHY.
- Second, what options they have and how they fit with their broader goals.
- Lastly, there is not a “one size fits all” when it comes to where your money can or should go.
You work hard for your money, so don't let your dollars fall from your wallet.
While it may not be the most exciting topic to think about, financial planning is vital for keeping your money in your pocket. I can guarantee is that once you understand what is happening with your money, what your options are, and how it all can work towards your benefit, it becomes a lot like a hobby!
The idea isn’t for you to become a financial planner (as that is not for everyone) but to understand what is happening with your money. It is critical if you don’t want to find out, later on, that you had financial leaks you could have avoided!
Reserve your spot in our upcoming Empowered Financial Planning Masterclass so that you can:
- Start eliminating potential money leaks.
- Optimize your financials and wealth creation plans.
- Gain a handle on life and freedom to enjoy it on your terms.
Click the link to save your spot: