The Big Question
The Big Question
- November 10, 2019
- Posted by: Daniel McGregor
In my years of experience of helping people with money, there is one big question that stands out as the one that people really want the answer to:
How do I not run out of money?
People don’t necessarily ask me that question in those exact words, but when you combine all their questions, they can almost always be condensed to this one question.
My question to you is, have you thought about that question and do you have a plan to answer it?
Once you get on track with answering this question, lots of things in life start to get a whole lot easier. You can then start to focus on how to make the most of the money you have for living your best life possible.
Money is the number one cause of stress and if you can take that stress off the table you are one step closer to maximum happiness in life.
Here’s the thing… it’s not all about money! You don’t have to be rich to live a very wealthy life. But a life spent stressing about money is never going to be enjoyable.
Have a think about what is important to you and what role does money play in those things?
I come across a lot of people in my business and while they all have a different story and different goals, there are many things common to most. Things like wanting to get a house paid off and own a home outright, to be able to provide for children, to be able to take an annual holiday, to not pay too much tax, to one day be able to stop working…. AND not run out of money.
What’s important about money to you?
My job is to help you narrow the gap between the life you want to live and the one you’re currently living… or more importantly, the one you are on track to live if you don’t put a plan in place.
That’s what I mean when I say it’s not all about money, it’s about the outcomes that money delivers if you get it right, or the consequences people face if they get it wrong.
Money buys you choice. Money buys you options. The choices you are making NOW will determine what choices and options you will have later in life.
There is a trade-off between today and tomorrow and the opportunity cost of spending a dollar today is not having that dollar, and the growth you could have achieved with it, in the future.
The thing is that for most people, there is no need to make enormous sacrifices to secure a wonderful financial future. It’s simply about making smart (or smarter) decisions with your money. It’s about getting value for the money you work hard to earn!
Get clear about where you want to get to, and I can help you find the path to get there.
If you’re looking for help with planning your financial future, then reach out and get some financial advice. Ensure that advice is 100% INDEPENDENT. Always ask questions and do your research. Many financial advisers like to let their clients believe they are independent, when in fact they’re not.