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Personal Finance Our contributing Advisor, Jenifer Madson's "A Financial Minute" newsletter posted weekly for discussion. Have your own thoughts to add on personal finance? Post a new thread!

 
 
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Old 04-15-2008, 09:18 PM
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Join Date: Sep 2006
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Default The Top 5 Ways People Mess Up Their Money, Part II

Continuing our conversation from last week, here is another way that people stand in the way of their financial success.

Number Two:
They try to go it alone.

There is no objection to outside financial help that I hear more often than "I should be able to do this on my own." A close second would be, "I should know this by now."

Upon further inspection, people invariably share that they weren't taught much about money growing up. To which I respond, how are you supposed to know these strategies already if no one ever taught you, and why should you have to go it alone anyway? Where's the shame in leveraging other people's expertise for the sake of your success?

Take A Minute:
Are you the Lone Ranger when it comes to your financial development?

Make A Minute:
This week, find a money mentor or advisor that can help you bridge the gap between what you know and what you need to know to reach your financial goals.

There is too much time wasted by waiting to learn money stuff all alone before asking for help. There is truly strength in numbers when gathering the information you need to succeed, so don't think of reaching out as a weakness, but as the ability to form a powerful mastermind to support your fabulous future!

(Number three will be posted next week).
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Abundant regards,
Jenifer Madson
Financial Success Coach
www.afinancialminute.com
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