Laying the Groundwork for Financial Success From time to time, I get people in my office that are just starting out in life or they’ve gone through a bankruptcy or something of that nature and they’re ready to change their future. Perhaps you’re in that category yourself and you’ve spent far too long spinning your wheels on how to make your money work for you and you’re ready to say, “I’m tired of this and I want to be successful.” If that’s you, then you’re already on the right path, because in order to have financial success you have to realize what prevents financial success and you’ve obviously already done that. So where do you start? Get a Plan—I know I harp on this all the time but it really is paramount to success. If you hop in the car without a place to go you’ll likely end up nowhere and just run out of gas. It’s the same situation financially. You can’t get to where you want to be if you don’t know where you’re going and eventually you’ll just run out of steam feeling defeated. So get a plan! Realize the power of transference—When I talk about transference, I’m talking about […]
Four Measurements of Wealth There have been numerous articles written on the correlation between money and happiness. A quick Google search will turn up 650,000,000 hits in 0.56 seconds. Most of these articles offer similar conclusions, like this February 2015 article in the Huffington Post, that while money can provide you with a certain level of comfort, it will not make you happy. So I began thinking—your bank accounts may tell you what you can and can’t afford, however, can they really tell you how wealthy you are?