If you take an active interest in your lawn, it will set you apart from your neighbors.
Taking an active interest in your finances may require a mindset adjustment. How is your current position? Do you have a well-cushioned savings account? Are you familiar with the basics of personal finance? Do you live paycheck to paycheck? Honesty is the best policy here. Be honest with yourself, and take an honest look at your situation. According to this study, only 29% of people say they are “financially strong”. Becoming one of those 29% will definitely set you apart from your neighbors!
If you take an active interest in you lawn, it will increase your home’s value.
It seems logical that if you take an active interest in your finances your net worth will begin to increase. Those that have a good grasp of where their money is coming from, where it is going, how much debt they have and where that debt is located have a higher net worth than those who don’t.
If you don’t take care of your lawn, you will get weeds.
You can easily become overwhelmed when starting to learn about personal finance. But don’t get discouraged and give up. “Weeds” can easily creep. As a result, you will be back to square one with your finances. You must actively be a part of your money to have success.
It doesn’t have to be expensive if you do your research…
Personal finance doesn’t have to be expensive or complicated. For instance, there are many articles and proponents of low cost index funds as all you have to have to be successful. However, there is some research that is involved. Take the time to read some articles, read some books, listen to experts, and listen to podcasts. Put it together and find something that works for you. Get educated!
…But sometimes, you may need professional help.
Even with your research, you may still feel overwhelmed. Or you may not even want to bother doing it yourself. After all, there are professionals out there for a reason. You may find yourself going this route and reaching out to one of them. That’s okay, too! Just please make sure they are reputable and honest!
Click here to schedule your free initial consultation with Ford Financial Management.
