In my previous blog, we reviewed truths 1-3 to dispel the myths about “real” financial planners.. Now we’ll cover myths 4-7.
Myth 4: Financial planners are only for the people with lots of money.
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Welcome to the 'No-Guilt' blog!
People come to here because they want to build financial confidence and take meaningful action. We provide the context for those things that affect your financial health. Our goal is to help you live in the 'No-Guilt Zone'.
People come to here because they want to build financial confidence and take meaningful action. We provide the context for those things that affect your financial health. Our goal is to help you live in the 'No-Guilt Zone'.
Last time, we looked at lifetime earning power and how the average amount of life insurance protection of $166,800 would cover just over one and half years of income for someone earning $100,000 a year.
Coping with the loss of a loved one is difficult enough in itself. When you compound the death without enough financial resources…whew! That’s tough.
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The downsizing that’s occurring at Keysight has created a great deal of uncertainty for affected employees. One of the immediate responses voiced by terminated employees was, “I’m going to sell all of my [Keysight] stock!”
This was an emotional response from some very rational, analytical people. Anger was the culprit and a natural human response.
I’ve seen too many engineers and other people make financial mistakes and regrettable decisions made from a place of fear, anger, disappointment or disbelief.
When it comes to financial planning most people would agree that they "should" have a financial plan.
So why is it that 70% of US households don't have a financial plan?"
People come up with all kinds of reasons why they haven’t planned for their financial future:
Find your financial balance.
Our Financial Self-evaluation Tool helps you identify your financial blindspots and increase your financial power.
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