Practice of Financial Planning
Always base your expenses around what your income was 2 years ago.
Make sure this change is real and expected to stay before you make all these drastic changes.
Make sure this change is real and expected to stay before you make all these drastic changes.
6 Biggest Mistakes High Income Earners Make
- When a mistake happens, own up to it, explain what happened, and tell them how you will avoid it in the future.
- When raising fees, frame it around the improved services clients will receive and the added value they'll get from it.
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How-to Compare Financial Advisors
unrivaledwm.com
The top three things clients are looking for is peace of mind, goal attainment and life fulfilment
Client engagement strategies, growth and retention in the down ...
Here are the three main reasons clients don't implement:
1) Confusing Priorities
2) Lack of Knowledge or Abilities
3) Unfamiliar Relationship & Logistics
1) Confusing Priorities
2) Lack of Knowledge or Abilities
3) Unfamiliar Relationship & Logistics
Wisdom Round-Up: What Prospects Actually Want, Psychology of Spending, and Improving Implementation
question for #3 "Knowing the to-dos and action steps, let's assign who has what steps and how we will communicate about these steps."
Kitces article about implementation questions by From Meghaan Lurtz
Too many businesses don’t really understand that the core of their business is making people feel good. Whether it’s walking into a store or a restaurant, or being on an airplane, most people go through life hoping that good things will happen to them, and they return to businesses that make those things happen.
Alison Beard • Life’s Work: An Interview with Ruth Reichl
With that in mind, the ideas that made the most impact for my creative life are these:
- Reframing the emergency fund as the comfort fund because it encourages me to spend on things that make my life more pleasant like writing classes and an ongoing editor.
- Focusing on the big rocks and letting the rest take care of itself. This comes from the
Let's Talk About "You Don't Need a Budget"
For those who advise for a living—consultants, financial planners, estate attorneys, CPAs—I've got something for you!
One aspect I appreciate about those who provide life advice is the ability to shift their mindset.
I'm talking about transitioning from the notion of merely being compensated for rendering a service to viewing yourself as a curator... See more
One aspect I appreciate about those who provide life advice is the ability to shift their mindset.
I'm talking about transitioning from the notion of merely being compensated for rendering a service to viewing yourself as a curator... See more