If you’ve resolved to count calories…track reps…and time your laps—you may want to add another resolution to the list—tracking your financial health. This is your year to not only become physically fit…but fiscally fit as well.
The best way to accomplish your goal is to take a 360º view of your financial picture. Consider your current situation, your dreams, and what keeps you up at night. Have any major milestones up ahead? These could include a child going off to college, planning a wedding, taking a vacation, or planning your retirement. You also want to ensure that your legacy reaches those you care about most.
If so, it sounds like you need a personal trainer — a financial planner — to set up the exercises and encourage you every step of the way as you work through questions like:
- Do you have a current investment plan?
- Is all your documentation signed and in a secure location?
- Is your insurance adequate for your current lifestyle, business structure, and home situation?
Tip: Don’t hold off starting the process because you’re not organized enough or you don’t think you have enough money yet. The longer you put it off, the longer you will put off reaching your goals, and if too much time goes by, your dreams might slip by as well.
Sure, like any new program, fitness or fiscal, there may be some hard work and sweat along the way. But when you realize all the resources you’ve found to truly make a difference in your financial future, you’ll wonder why you didn’t start sooner. This year is your year to be fiscally fit. Start today!
Carl Strozyk, CFP® is President of 360 Financial Group, providing services for small businesses as well as individuals and families. For more information or assistance with your financial plan, contact us at 410.893.2100 or by email at info@360FinGroup.com.
About 360 Financial Group
360 Financial Group, founded in 1990, provides a holistic approach to comprehensive wealth management as well as tax and accounting and investment management services. At 360 Financial Group, our MISSION is to be our clients’ primary advisor. We believe our knowledge, experience, and intuitive approach to tax and financial planning gives our clients the confidence they need to help them realize their dreams.
Registered Representative, Securities Offered Through Cambridge Investment Research. Inc., a Registered Broker-Dealer, Member FINRA, SIPC and Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Small Business Group, Inc. and Cambridge are not affiliated.
Cambridge Investment Group, Inc. is a privately-controlled firm with a national reach across the financial services industry consisting of multiple broker-dealers and RIAs, including Cambridge Investment Research Advisors, Inc. – a large corporate RIA; and Continuity Partners Group, LLC – a special purpose broker-dealer and registered investment advisor; and Cambridge Investment Research, Inc. – an independent broker-dealer, member FINRA/SIPC, that is among the largest privately-controlled independent broker-dealers in the country supporting approximately 3,000 independent financial professionals nationwide who serve their clients as registered representatives and investment advisor representatives, choosing to use either Cambridge’s firm Registered Investment Adviser or their own. For more information visit www.joincambridge.com.
Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, or legal advice. The information presented here is not specific to any individual’s personal circumstances.
To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.
These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2016.