So many of us are making a great living but still can’t seem to build wealth. Why is this?
What we often see at our firm is that lifestyle inflation is the culprit. When our standard of living improves our discretionary income rises and former luxuries become new necessities. We can find ourselves with little income left over each month. The idea of putting that small, leftover amount into savings can trigger a true, visceral fear. We don’t want to lose the flexibility the excess income affords us.
Kevin discusses how a “start low and go slow” approach can help you overcome this fear and build wealth for yourself and your family before you know it.
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this video will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Moreover, you should not assume that any information or any corresponding discussions serves as the receipt of, or as a substitute for, personalized investment advice from Leading Edge Financial Planning personnel. The opinions expressed are those of Leading Edge Financial Planning as of 08/13/2018 and are subject to change at any time due to the changes in market or economic conditions.