One of the hardest things to do as a parent is to watch your child get hurt. From a tumble off the jungle gym to their first real heartbreak, we wish we could swoop in and make it all okay.
That’s how life works. Our kids (and we) live and actually grow through each mistake and tumble. But there is one area where this is not true. You can succeed in every area of your life, but if you fail in your wealth planning, you risk your legacy being forever tarnished.
I hated to write those words because it forces me to think about my dad. His legacy is tarnished. It’s not what Dad would have wanted.
Our situation—our confusion and heartache in particular—didn’t represent the wise and humble, caring man he was. He didn’t know there was another way to go about planning. He didn’t know how to incorporate critical planning techniques to help him accomplish his goals.
If only my father had known, he wouldn’t have allowed this mess. You aren’t going to get a chance to pick yourself up and try again. Get it right the first time by using the right techniques and implement a plan that represents you, and you’ll discover the results to be positive and powerful.
Wealth is more than money. Don’t just plan for your future, live it right now.
Pass it on and share the insights like this that you find valuable.
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“If you fail to plan, you plan to fail.”
Benjamin Franklin