There’s all sorts of things about money that no one knows about, it’s a living thing that breeds and does some unpredictable things. Stock markets, economics, supply and demand; it’s all so complex and if you’ve got something to lose in a financial sense, then it’s in your best interest to understand it yourself, or hire someone whom you trust that does. You see? Money is a funny thing, and your ability, or lack thereof, to manage it is an even funnier thing but you won’t be laughing if all of a sudden, it’s gone. Setting ourselves up for success in life has a lot to do with money, that is if you want security for yourself and your family. All kinds of things are out of our control but controlling our money and making smart investments is one of the best ways that we can remain in some kind of control. Who knows when the next catastrophic event is coming and where it’s going to strike, but the World Bank, for example, pays a lot of people a lot of money to react as quickly as possible when earthquakes, tsunamis, wars, military coups or anything else that affects money markets happens somewhere in this world. That’s another reason why so many financial planning and advisory companies exist like the Legacy Financial Services Group. They’re by no means the World Bank, but they don’t have to be in order to be everything that you need to protect and grow your investments.
This life is no joke, we need to have fun and enjoy ourselves, but not at the expense of mortgaging our future. A mortgage on a house is one thing, taking unnecessary risks with your money or spending it all before you really have any is another. Risk is something that some people are a whole lot more comfortable with than others, and it’s usually almost completely personality-based. Others have to become more comfortable with the idea of it and a good financial planner can help ease you into it while at the same time, remaining cautious and smart about it. There are high-risk, high-reward kinds of investments that make sense to some people and sometimes, they pay off. Other times, however, it can feel a whole lot like a night of gambling gone bad, when you didn’t know when to walk away. So, don’t gamble with your financial future, let one of the many financial planners out there help you get to a more safe and secure place now, so you can have everything you need and want later in your life. If you’re a risk-taker, that’s ok but it’s important to understand when to hold em’ and when to fold em’, as my man Kenny Rogers has said. Understanding who you are and what you’re susceptible to is your personal responsibility, but a financial planner can assist and advise you, so that that the potentially volatile parts of your personality don’t take over and you make some serious mistakes. I hope this all made some sense to you, if not, then you could be in for a world of hurt.