Thursday, December 1, 2011
What Is a Financial Blueprint?
What do you think of when you hear the word 'blueprint'? I think of a plan. A set of organized, sequential steps that one must take to build whatever they are trying to build. We don't often hear the word blueprint when it comes to money though, do we?
Maybe, we think, it's because nobody really knows. That cant be the case though, because there are plenty of wealthy people around, people that have somehow figured out how to become and or stay wealthy. How are they doing it? Do they have some sort of magic pill that only people with money can buy? No. thankfully, it's much simpler than that. The answer is, they follow a plan.
People who build and sustain wealth have and follow a plan. They sit down with someone they deem knowledgeable about finance, has the tools to implement the plan and will hold them accountable should they stray. Do you realize that these resources - the people, the knowledge, the tools, are within your grasp? All you have to do is reach for it, and like magic (not really), these things are suddenly available to you.
If that doesn't give you a glimmer of hope about your financial situation, I don't know what will! I experienced profound relief that finally, somebody was willing to sit down with me, give me information I can actually understand and figuratively hold my hand while I build my wealth. Wow.
You should expect (demand) 3 things from your financial adviser/counselor of choice:
They will help you identify areas where you can free up money to be applied to your future goals and dreams.They will help you establish and organize the priorities of your portfolio building objectives.They will help you transform your blueprint, or plan on paper, into actual reality.
It will be clear in your very first meeting with this person whether they are willing or able to follow through on these commitments to you. If they aren't, drop them and find someone else. Financial advisers and counselors are hidden in plain sight - most people never see them until they need them. Suddenly, they seem to be everywhere you look!
Take the time to find a financial adviser that is truly going to work in YOUR best interest. Listen to your instincts and don't be afraid to tell them it's not the right fit. You owe it to yourself and your family!