This is a blog all about real-life, everyday financial topics. Stacey Powell provides not just expertise and insight from a CFO's point of view, but also real-life "been there, done that" lessons from lifting herself out of a financial mess.
Wednesday, June 8, 2016
Adulting: Achieving Financial Security For Yourself & Your Family
Welcome to the Finance Gym Action Plan for a Better Life with Money video series. My name is Stacey Powell and if you're ready to now just know better but do better with your money, you've come to the right place. I'm getting ready today to film Chapter 7 which is call the "grown up stuff". When I was picking out chapter names everybody said, "you can't name it that". I actually wish that I would have used a word that my daughter uses. She's 21 and she uses the word "adulting", and I wish I would have just named the chapter adulting. Let me tell you a little secret if you're like under the age of 40, the truth is you learn this when you get to be 50 and then 60, I think that we all think that when we grow up, somehow it's going to be easier to go see a financial planner or easier to make decisions about insurance or easier to do estate planning. Maybe I just don't hang out with the right people but let me tell you, it doesn't get easier. And almost everybody that I know when they do one of those kinds of tasks that we all kind of dread and don't really want to get done, we all feel this like wow good job Stacey you got that done! And I don't care who it is that I've worked with, whether it's been somebody struggling on a $40k salary or one of my multimillionaire clients, they've all still felt the same way, the uncertainty, the dealing with professionals and you know not really feeling like ah man I don't know as much as this person and I have to trust this person, am I trusting the right person and just the general drudgery and then the complication you know. I'm a finance person but sometimes some of these conversations about insurance is complicated and somebody who's an insurance agent knows a ton more than me even though I know a lot! So I like the word adulting and in my next series I'm going to be talking about the stuff of adulting. My take away for today is, I don't care about how old you are it's alright to smile at yourself it's alright to laugh at yourself a little bit. Just roll up your sleeves and get it done be a little easy with yourself and you can give yourself a little prize at the end in whatever adulting thing you're putting off doing. As always, if you want some support come over to our Facebook and join our team Do Better Group, you can sign up for our newsletter at www.TheFinaneGym.com and subscribe to our Youtube series below. Have a great day!