Finance Monthly - Global Awards 2021

FINANCE MONTHLY GLOBAL AWARDS 2021 29 What makes your company unique? We want to welcome people to talk about their most vulnerable relationship in the world, money. Each person on the planet sacrifices and works so hard for the money that they earn, but most people have a negative relationship with money, whether they want to admit it or not. Most parents don’t talk about money with their kids and the costs associated with managing a household, so those same kids grow up not understanding how money works. Some people are better than others in being able to make money, but the majority of people have no idea how to create true wealth with money and keep it. Each and every day we sacrifice our time with our loved ones to achieve the “American Dream” of financial wealth and independence. We work incredibly hard for money to provide our lifestyles, but we are scared to death about having a conversation about money whatsoever, as a fear of being judged. As a certified Money Coach as well as a comprehensive financial adviser, I want to help my clients build a healthy relationship with money through education and a sense of peace. What are the main mistakes people make when it comes to wealth management? Having no strategy and living way beyond their means. Creating a strategy may increase your potential for success, both before and after retirement. Chasing “hot” investments often leads to despair. Create an asset allocation strategy that is properly diversified to reflect your objectives, risk tolerance, and time horizon; then make adjustments based on changes in your personal situation, not due to market ups and downs. And lastly, having a fearful and anxiety-driven relationship with money. It is important to know your relationship with money and to make sure it is working for you. Many people struggle with this and it is one of my greatest pleasures to help rid people of the constant worrying they put on themselves and their finances! What are your top tips on effective wealth management? The biggest piece of advice I can give anyone is for them to really focus on having that healthy relationship with their money. My book, Wealth By Design, is the best tool I have in that it helps simplify what can be a rather complex understanding of money and how it affects us. We like to have our clients create a “Wish List” of goals that they would like to achieve in their lifetimes, then we build a plan that will help them achieve those goals, free from anxiety and stress. Really look at what you want and by when and then consider what you are willing to sacrifice to get to that goal. We need to have these conversations with our partner. We need to have an open and honest communication with our children that is healthy so that our children can have an abundant relationship with money in their future with their children. The wealth you want to create is based on strategies for success and psychology. If you put the work into it and become educated about how to do it right, you will succeed. There is no magic bullet, success is created with discipline and commitment to a savings and investment plan to achieve the financial goals you want to achieve. You need consistency in your growing of wealth without imposing more risk than you are willing to experience. "My passion is to truly unveil the possibilities of having a great relationship with money and why it is important to simplify the complexity of money and financial issues in all areas of life."

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