When you learned to drive, whoever was teaching you probably told you one very important thing: “Keep your eyes on the road.”
The answer is obvious, you need to focus on the task at hand.
Race car drivers get one level of instruction beyond that: “Look where you want your car to go.”
So, if they’re heading around a curve, they don’t focus on the wall that they might hit, because if they do, they’ll surely run into it.
By controlling what they focus on, professionals are able to move faster and with greater control.
Photo by Viktor Bystrov on Unsplash
This lesson bubbles up in all kinds of fields, in small quips that help drive people’s focus.
Managers: “What gets measured gets managed.”
Performers: “What is my motivation?”
Baseball: “Keep your eye on the ball.”
So here is the million dollar question:
What are you doing to give your finances focus?
Most people approach their finances the same way they approach New Years’ Resolutions.
Plans are made, and intentions are set. But within a few short weeks, they’re forgotten.
Does this sound familiar?
Life throws surprises at us, and it’s easy to lose track of all the hopes we had for our finances.
And when that happens, progress is lost, time is lost, and money is lost.
What can you do?
This is where a financial advisor earns their keep. Like a driving instructor reminding you to keep your eyes on the road. Like a coach reminding you to keep your eye on the ball.
You might wonder, how big of an impact can that actually have?
Vanguard ran a study, and found that working with a financial advisor leads to 29% higher retirement income.
That’s a huge difference!
How do advisors get those returns?
When the world goes crazy, advisors are the ones that can bring you back to earth and help you focus on your finances.
To use another analogy:
On the way to the moon, the Apollo missions were only on target 2% of the time. But they succeeded because they were able to focus, and readjust their trajectory.
That’s what a financial advisor helps people do.
If you’re feeling off course, and want help getting back on course, click here to sign up for a free Bronze Account. The best time to start making progress is Now.