Design Your Life, Design Your Money

Published September 21, 2017

You are planning or a family camping trip in North Georgia and getting all of your supplies together. Before you go brave a trail of hiking, you must have maps.

Why do most people NOT approach their lives the same way?

Preparing your annual/semi-annual goals are critical in order to have a clear map of where you want to go. If you don’t have some sort of blueprint on where you want to go, how would you know what the right supporting activities are, so that you may get there?

Many people just let life just happen. However, good and bad things don’t just occur - there are many aspects within our control. You can make your own destiny by designing your life through setting your own goals and deciding who you want to be; think of it as your internal controls over what happens (inside-out) as opposed to letting things randomly happen (outside-in).

Every year, I do an exercise where I list on paper all of the qualities and skills that I want in order to be what I believe is my best self. I set up my goals around these qualities and skills and come up with all of the supporting activities that I need to do and who I need to ask to help me in order to get there.

Your financial world is no different.

Many people I meet claim to have a financial advisor, which is typically someone who is overseeing only an investment portfolio. This is not a financial planner. A financial planner builds a true blueprint detailing where you are and helps to design your goals for where you want to be. A planner does the crucial tasks to crunch the math and helps you figure out how to get where you want to go.

Most financial professionals have one specialty, which could be insurance, investments, taxes or legal. These people are not coordinating on your behalf. I suggest that you design your financial world first with the end in mind. Build your blueprint FIRST with your financial planner, similar to a general goal setting exercise, and then have your team execute by setting up accounts, legal documents, tax returns, etc.

Design your life and your money by always starting with the core blueprint or map before you hike the trail or implementing financial transactions. Inside-out, not Outside-In.

Meredith Moore helps successful professionals and business owners create and implement the estate, retirement and other financial plans that let them achieve their goals and live their life the way they want. You can reach Meredith at 770.587.0281 or by emailing moore@moorewealthmanagement.com.

SMRU 1747380

Meredith C. Moore, Registered Representative, offering securities through NYLIFE Securities LLC, Member FINRA/SIPC, A Licensed Insurance Agency. 1125 Cambridge Square, Suite C, Alpharetta, GA 30009 (770) 587-0281. Financial Adviser offering investment advisory services through Eagle Strategies LLC, A Registered Investment Adviser. Member Agent, The Nautilus Group® a service of New York Life Insurance Company. Moore and Associates Wealth Management is not owned or operated by NYLIFE Securities LLC or its affiliates. Moore and Associates Wealth Management as well as NYLIFE Securities LLC and its affiliates do not provide tax, legal or accounting advice.

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