Who likes going to the gym or getting out of a warm bed to go for a jog? Let’s be honest, not many of us do but increasingly, more people are aware and focused on exercise and eating well. Why? Because there is medical proof that looking after one’s well-being will increase the chances of a longer, healthier life.
Financial planning is just like exercise – it takes practice, discipline and consistency and it is part of a long-term strategy to getting more out of life. Like exercise, the best financial planning delivers results but also, it is about balance to ensure that your strategies can be incorporated into everyday life. Financial plans need to practical and flexible and also, they must be tailored to meet your own personal circumstances and goals.
There are lots of people who spend a lot of time, energy and money on eating well and staying fit but really, this is only a small part of the broader picture. Being healthy and mobile is even more of a reason to consider one’s financial fitness so that people can enjoy a longer, mobile life with financial freedom and security.
Focusing on cashflow, wealth creation and accumulation strategies today, will result in being more financially fit and better positioned in the future. Ask yourself, how financially fit are you? Would one of life’s certain unexpected events result in a major injury or, are you fit enough to handle the challenges and keep on going with minimal disruption? Get financially fit and thrive financially.