The current headlines are full of drama, and it's easy to forget that we're doing pretty well in three major areas to gauge growth.
How do you make the most of this state of financial prosperity? The answer for long-term success is actually counter-intuitive to what most people think and what nearly all of us do. Listen in:
When we experience something for any length of time, we can be tempted to treat it as a new normal.
You can't assume the current market pace and financial reality can continue.
I was talking to someone who was given projections for the next ten years based on the past five years. You can't believe that we can maintain this trend. Actually, you need to believe and act as if it will not last.
Are you using this time of security to set aside money for when things are not going great?
On the flip side, when things are going badly and you want to curl up in a ball, is really the time to buy and invest -- investment options are at a discount.
If you are sitting right now without a strong foundation you are putting yourself in a vulnerable spot.
If you don't know how to prepare for the worst and establish a good financial foundation, I can help. You can have confidence in your financial future.