Club Vs. Swing
To increase one's Circle of Wealth, using a golf analogy may help give a clearer picture of the dilemma facing many people trying to build up their savings for retirement. Moving from one financial product to another in search of the best product is the equivalent of buying a new set of clubs to improve your golf game. While it may be helpful to have good clubs, the greatest impact on your game will come from perfecting your swing. The answer lies in the process, not the product. Let's assume that we are going to send you to play in The Masters, one of the major U.S. Golf tournaments. We have two things to offer you and you can choose only one:
Which would you choose?
Sure, you would want their ability (their swing). What do the financial institutions deliver? Clubs or Swings? They have products they sell you which we are going to call the clubs. You are going to need clubs to play, but having the correct swing is of more value. Having the correct swing financially can mean that you have avoided unnecessary wealth transfers, making your money perform at its maximum potential; doing all it can do. Unfortunately, many advisors focus on the clubs and not the swing.
Our focus would be to help you increase your Circle of Wealth by avoiding areas where you could be transferring money away without affecting your present lifestyle. These areas would include: Income Tax and Other Taxes, Financing Cars, Credit Cards, How You Pay Your Mortgage, Term Insurance, How You Fund Long-Term Care.
WATCH THE VIDEO ON "CLUB VS. SWING" BELOW:
- You can have the the clubs of any player who has ever played a round of golf, or;
- You can have their ability
Which would you choose?
Sure, you would want their ability (their swing). What do the financial institutions deliver? Clubs or Swings? They have products they sell you which we are going to call the clubs. You are going to need clubs to play, but having the correct swing is of more value. Having the correct swing financially can mean that you have avoided unnecessary wealth transfers, making your money perform at its maximum potential; doing all it can do. Unfortunately, many advisors focus on the clubs and not the swing.
Our focus would be to help you increase your Circle of Wealth by avoiding areas where you could be transferring money away without affecting your present lifestyle. These areas would include: Income Tax and Other Taxes, Financing Cars, Credit Cards, How You Pay Your Mortgage, Term Insurance, How You Fund Long-Term Care.
WATCH THE VIDEO ON "CLUB VS. SWING" BELOW: