Blog & News
Our Favorite [Financial] New Year's Resolutions
Rob Siegmann MBA
Tuesday, January 5, 2021
time of year when many of us think about establishing one or more New Year's resolutions.
This often means committing to improving one's lifestyle by eating healthier,
exercising more, or spending more time with family. Many investors could
benefit from resolutions targeting their financial health as well. Just as many
individuals endanger their well-being with bad habits, numerous investors
suffer from holes in their financial plan, or worse, ill-advised practices that
are detrimental to their wealth. Everybody wants to be healthier, and
many people want to be wealthier, but it takes commitment and discipline.
some of our favorite (financial) New Year’s resolutions to share with friends
Most of us
find it hard to follow a sensible diet or a sensible investment strategy 100%
of the time. If you must stray when managing your wealth or well-being,
moderation is the key. A delicious cheeseburger is OK, as long as it's
not for dinner every night.
just as many athletes, executives or business owners rely on coaches and
consultants to help them succeed, most investors can benefit from having a
"financial coach" to remind them throughout the year about their New Year's resolutions and keep
them on track toward a more prosperous future. If you know of someone who
may benefit from our team of experts’ careful eye, we hope you’ll share this
blog and our videos
with them. Happy New Year!