In the 17th episode of the Confident Wealth Podcast, Bill Bush and Pete Bush from the Horizon Financial Group talk about a concept that Pete Bush refers to as distracted finance. Learn some strategies to prevent yourself from losing track of your financial goals.
Time Stamped Show Notes:
- 00:55 – There are parallels between distracted finance and distracted driving.
- 02:20 – At stop lights, most people are probably not checking their financial records.
- 03:06 – You can’t do two things at once with full attention.
- 06:30 – People get distracted with regards to their money.
- 06:47 – People may not have a financial plan to get distracted from to start with.
- 08:13 – Pay attention to your wealth like you do with your health—with regular check-ins.
- 10:14 – Seek a financial advisor, and develop a plan.
- 12:20 – Once you have a plan, take responsibility and see an advisor with a system in place.
3 Key Points:
- Many people don’t have a financial plan to be distracted from in the first place.
- Pay attention to your wealth like you do with your health—with regular
check-ins.
- Get your head out of today, and think three years into the future.
Tweetable Quotes:
- “It’s all about being present right? You can’t be in two places at once.” – Pete Bush.
- “The overwhelming majority of people don’t have the plan (financial) to begin with.” – Pete Bush.
- “It’s really just about becoming present in your financial situation. Don’t take your eyes off of the road. Don’t look down on other things.” – Bill Bush.
Resources Mentioned:
