‘I’m sorry I’m not a financial advisor with unlimited resources so I can’t make those kinds of statements or operate with that mindset.’ he said.
Unlimited resources? Being an advisor is not about having unlimited resources or capital. It’s actually the opposite. Being an advisor means knowing how to utilize money in ways that create the most impact.
It’s about buying whole wings for $2.92/lb and chopping them up, instead of party wings for $4.94/lb. It’s about buying 3 boxes of 10ct waffles for $1.98 instead 1 box of 24 for $5.99. It’s about buying 91 octane gas instead of 87 because even though it’s more at the pump, it gets more miles per gallon so you end up spending less for the month. It’s about monitoring cash flow. Income vs expenses. Save first, spend later. It’s about strategy.
Can I afford the lifestyle I want with my current income? If not, do I need to decrease my expenses or make more money? Am I spending frivolously or impulsively? Am I saving? If not, why? Do my current spending habits align with my future goals? What are my future goals?
Statements and questions like this is why I created SAFE. Let’s share with each other and with the community, tips and tricks we use to create a better lifestyles for ourselves.
Closing the wealth gap starts with communication!
Drop your comments below!!