As we continue together on your journey to personal financial Mastery it’s only natural that we address situations that can cause people to feel like they’re at a standstill. If you haven’t already, we encourage you to take a look at our tips and recommendations for February. These will help you better understand the following as we dive deeper.
As we spoke about last month, finances can be confusing, and stressful – and we included some insights into how to understand them and tackle the stress around your finances. Another feeling that is commonly tied to personal finances, is feeling overwhelmed. There are a lot of financial “solutions” to your situation, but they can be confusing, and extremely time-consuming. What if we told you that your personal finances could be easy? What if we told you that they did not have to feel overwhelming? Well, it’s the truth.
Our founder and CEO Doug Peterson likes to tell a story about how he came to the realization that he was colorblind. This is a fun story and one that we will go into detail in the future months. The moral of the story is that without asking for help, Doug would have never realized that he was colorblind and was misinterpreting colors. Now you might be asking yourself, what does that have to do with my finances..? Well, it has a lot to do with your finances. If you don’t ask for help or ask for insight into your situation, you may never know what little things you were doing that are making things more complicated or your blind spots extending your journey to mastering your personal finances.
Asking for help is not a weakness, it’s the opposite in fact. It’s a strength. Being able to look at what is in front of you, and see that you may not be as well equipped to handle the situation as you thought is very self-aware, insightful, and will help you in the long run.
Doug also talks about how we don’t need to strive for perfection. We know that perfection is unattainable. However, this does not stop people from trying to be perfect. Many of us were taught as a child that practice makes perfect. In reality, practice makes it better. Attempting to be perfect at everything in your life leads to a sense of being overwhelmed. By going outside of your comfort zone and asking for help puts you 10 steps ahead of where you were before. If you weren’t raised in an environment that openly talked about finances, financial struggles, and financial solutions, how are you supposed to know what to do when it comes to getting on top of your finances?
It can be frustrating to not have the solution to your current situation. However getting upset, being sad, or not taking action, is not going to help anything. It’s very common to grow up in a household that does not talk about finances at all. We find many clients at a loss for how to handle their finances because it was not something that they were taught. We are here to teach them everything they need to know.
While we can’t go back and change the past, we can be more proactive moving forward. How can you better educate yourself and your family about finances? If you grew up never talking about money, never learning the ins and outs of credit, debt, and interest or how to manage your cash flow, wouldn’t it be a great step forward to teach your family and your children those things so they are better equipped in their future?
If you need help with your health, you go and see a doctor. If you need help with your finances, you go and see a financial master. We are here to help you on this journey, and as always are just one email away. We are offering a free consultation to anyone who is interested in changing their personal finances and becoming a personal financial master.