Get $ Fit Challenge

It’s that time of year!

You know… the time that most people think about fitness and resolutions.

However I’m not talking about physical fitness… I’m talking about financial fitness.

At Preferred Financial Strategies we are challenging our clients to think about little ways they can improve their financial fitness. We are calling it the:

“Get $ Fit Challenge”. 

Each month we will ask our clients, our listeners and our readers to respond to a simple challenge that will help them become more financially fit.

For January the “Get $ Fit Challenge”is simple…

Where are you willing to save now in order to spend later?

My weakness is purses. I like nice purses. But I don’t drive a fancy car and I don’t splurge on expensive coffee drinks and I ask Santa for them… that sort of helps! That’s how I justify it. What about you?  We all tend to justify our wants to make them feel more like a need, its human nature.

I read an article recently asking wealthy celebrities if they still choose to be frugal in certain ways in order to splurge in others despite the fact that they have “made it big”.  The answers were interesting. Several mentioned that they were willing to spend on making memories as opposed to buying stuff.

Did you know that rich people think differently? There is even a book written about it. Apparently average people see money through the eyes of emotion. Rich people think about money logically. Average people long for the good old days. Rich people dream of the future.

So, when you think about your financial future are you willing to save a little now in order to spend more later?  If so tell us about it.

If this strikes a chord with you let us know.

Email us at:  [email protected]

 We want to hear from you. 

Stay tuned for February’s                            “Get $ Fit Challenge”

 

 

 

About Mary Jo Lyons

Mary Jo Lyons, CFP® is a registered assitant with extensive expertise in designing financial strategies to help clients achieve their financial goals. Have a financial question? ASK MARY JO!

Connect

Get free updates from Financial Strategies for Life™ directly in your email inbox. Your information will be kept completely private.

, , , , ,

Comments are closed.

This communication is strictly intended for individuals residing in the states of CO, CT, FL, MO, NC, NY, SC, TX, VA, WI . No offers may be made or accepted from any resident outside the specific state(s) referenced.

IMPORTANT CONSUMER INFORMATION
A Broker/dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker/dealer, investment adviser, BD agent, or IA registration requirements as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker/dealer, investment adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.

Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client's evaluation.