Change your life’s story!
Have you heard that money issues are ranked as one of the top reasons for divorce? What about the fact that financial matters are one of the main reasons for stress-related problems?
The truth is that most people spend more time planning their vacation each year than they do on financial issues that impact their quality of life for their present and future needs.
As a financial advisor for nearly 30 years, I will be the first to tell you that the meaning and quality of life is about much more than money. We witness wealthy people on the news every day that are miserable and unhappy. However, let’s focus for just a minute on the importance of addressing financial matters.
After attending an investment conference in Houston earlier this year discussing the economy and the outlook for the stock market and related issues, I realized that with all the expertise, research and legal resources we have available for addressing the issues for our clients, there are really six things that our clients want. So, following are the six issues we want to help our clients accomplish.
1- Save Time. Our job is to find out what are the present concerns and long-term desires that our clients have. Then we use our experience and the many sources of expertise we have available to address the right planning for these needs and objectives.
2-Save Money. This is deeper than the initial comment. For many business owners and higher income clients, finding tax-saving strategies and preventing loss with risk management can create significant additional wealth Then, finding the investment options for short, mid and long-term savings are vital for the client’s needs.
3-Reduce Stress. Every time I mention this, I hear, “That’s what I want!” We aren’t miracle workers, but when we design and implement the right planning to address present and future planning needs and desires, this results in less stress.
4-Reduce Risks. There is not a year that goes by I don’t see significant loss of assets and emotional damage because people would not take the time to use the advice and experience we could provide to address and implement planning to avoid and/or reduce risks. How many times do we see a person’s life change in a minute because of unexpected events?
Now the good stuff!
5-Have More Fun! When you implement planning and the results are working, life is more fun because we can afford to do the things we want to do.
and…
6-Make Life Easier. We get to choose our pain. A little pain now in taking the time and effort to work together to develop and implement the right planning or a lot of pain later in life because we ignored the importance of planning.
How many successful football teams plan to win on the weekend without the exercise, conditioning and execution of plays during the weeks of practice.
I hope his has been good food for thought and let us know if we can be of help in creating the right plan for you.
Thomas H. Herlong, CLU, ChFC. CLTC
Financial Adviser*
The Herlong & Doran Financial Group, LLC
424 Calhoun Street, Johnston, SC 29832
(B) 803-275-5090 (Fax) 803-275-2714
Registered Representative offering securities through NYLIFE Securities, LLC., (member FINRA/SPIC) 6100 Fairview Road, Suite 400, Charlotte, NC 28210 (B) 704-371-8500
*Financial Adviser offering services through Eagle Strategies LLC, a Registered Investment Adviser. The Herlong Financial Group is not owned or operated by Eagle Strategies LLC or its affiliates.
