Chapter 9 Do You Need a Financial Planner?
Today, cars and smartphones are equipped with state-of-the-art GPS navigation systems. All you have to do is provide the appropriate coordinates and it will deliver you a real-time road map that will take a lot of the guesswork out of driving somewhere new.
Similar advanced technologies now exist for the financial planning industry. Having a navigation system on your retirement plan allows you to focus on the end game and not on the minutiae. A big part of having the appropriate Money Mindset is knowing where you want to go and why. That’s what this book is about: (1) helping you formulate your financial road map, and (2) helping you calculate the most appropriate way to get there. Once you have that figured out, and you have an effective way of monitoring your progress, you should be able to focus on what’s important in life and not get so caught up in the what-ifs of life.
Do You Need Help?
Now that you know what is required to create and effectively manage an appropriate Money Mindset in the 21st century, you have come to a financial crossroad. From here you can decide to either manage your money on your own or get professional help. In order to manage your money on your own, you will need to greatly further your education on the details and technical aspects of finances, as well as get a good understanding of global economics.
Do you have the time and energy to manage everything on your own? Are you able to manage your emotions ...
Get Money Mindset now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.