Money_is_About_Life__Life_is_About_Mastering_Money by marcusjames

VIEWS: 4 PAGES: 2

									Title:
Money is About Life: Life is About Mastering Money

Word Count:
732

Summary:
The way we live our lives and the daily decisions we make, are all
decisions about money. Yet, few of us actually take the time to think
and plan for what is important to us.


Keywords:
free financial advice, free financial advisor, free money help, cfp


Article Body:
Too often we get caught up in our lives to worry about finances. The
problem is that finances are in many cases why our lives are so hectic.
This phenomenon is all too common. I say "we" because I face the very
same difficulties - even though I am a financial advisor.

I like most people would like to live a life where someone else did the
things around the house and at the office that I don't want to do, I
would like to be able to spend time at an emotionally meaningful and
challenging profession, I would like to spend time with my wife and kids,
and I would like some down time to do whatever I opt to do.

Given these financial goals I often wonder what I (and my clients) are
doing to work towards those goals. I (and most of my clients) spend a lot
of time around the house and office doing things I (we) don't want to do.
I find excuses for not hiring someone to do those things.

Instead of focusing my energies at work on things that are emotionally
meaningful (such as stewarding money towards charitable causes) and
challenging (such as structuring complex partnership agreements), I tend
to spend my days pushing paperwork and setting up accounts. Yet, I have
spent very little time thinking about how to remedy this situation. When
I start thinking about these issues, I often make excuses (such as "if I
want it done right, I have to do it myself").

I spend a lot of hours in   the office and even when I am at home I end up
doing tasks that are away   from my wife and children (such as mowing the
lawn or repairing a leaky   faucet). I could easily hire this type of work
out, but somehow I always   end up just doing it myself.

I have a lot of interests, such as coaching my son's soccer team, reading
classic literature (especially 18th century thrillers), and restoring old
run down Volvos. Other than the coaching, I never seem to find time to do
these things that I enjoy.

At this point you might be thinking, "so what does that have to do with
finances?" The answer is that it has everything to do with finances. Each
decision is predicated on either earning more money or spending less
money. That is the rub. The dirty secret that is all too taboo in our
society. Money, if used properly, can in fact make your life better.

In all of the financial advice I give my clients, one message remains the
same: your money is your happiness. Secure your money and you will secure
your life. Of course this advice means different things to different
people. The "do-it-yourselfer" may read this to mean that they should be
frugal and save every penny, to have a brighter tomorrow. The "fly-by-
the-seat-of-your-pants" kind of person might read it to mean that they
should spend everything to have a brighter today.

Luckily they are both right. Each individual can and should examine what
is important to them. They should set out (I mean by actually writing it
down) a plan in light of what is important to them. They should take
steps over time to fully implement that plan and they should review the
plan periodically to ensure that they are still pursuing goals that are
important to them. This is what I teach clients and this is what I try to
implement in my own life.

I spend more time at home with my family and I hire rather than do some
things myself. In short I force myself to do what is not what I would
normally do. After exploring my (and my wife's) goals, that was what was
important to us. Having made a lot of progress towards these goals, I can
tell you that my life is a thousand times better today than when I
started. I fully expect it to be a thousand times greater in the future.

This is what true financial planning is all about. If you have not
explored your goals, I urge you to do so now. If you haven't met with a
financial professional to discuss your goals, I urge you to do so today.
Once you start making progress towards your goals, you will wonder why
you didn't do so sooner.

								
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