People have a lot of reasons for not getting their financial house in order. You can read them below if you are interested. See if any of those are your reason. I’m here to tell you that while they seem like good reasons, they aren’t. Money is a tool. It is a great tool to free yourself. Most people could impact their yearly net worth by $1,000-$2,000 immediately with a little financial advising. Over a lifetime, the total impact on your net worth, from good financial advising could be $100,000 or even $1 million or more. I share some of the information here and here that shows how good investing can affect your net worth in the short and long term.
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Email Axel Hoogland at HooglandAxel@Highland-WealthManagement.com or call me at 715-820-0377
Reasons people don’t get financial advice
They are scared of changing what they are currently doing.
They are scared of doing the wrong thing.
They think it will be a lot of work.
They don’t know what to do.
They don’t know who to ask for advice
They feel scared or embarrassed for what they’d done so far and they don’t want to look bad in front of a spouse when they are exposed for not having done the “right thing” up to this point in life.
They are busy.
They think they have a lot of time before they need the money so they don’t start now.
They think they don’t have enough money so they don’t need an advisor.
While these are all reasons people use to justify not setting their financial house in order, they are not true or good reasons for not taking the time to do a financial checkup.