There is precious treasure and oil in the dwelling of the wise, but a foolish man swallows it up. – Proverbs 21:20
Where do you spend most of your time focused on? The past, the present or the future. I used to hear a phrase that I always liked, “She is so heavenly focused that she is no earthly good.” While we could all use a little more focused time on our future heavenly home, the future we are talking about today is a little closer than our trip over yonder.
With most of our clients, we usually try to discern if they are a Giver, a Spender, or a Saver. While the Givers and Spenders tend to look at the present (with a view towards the future), our Savers are most definitely focused on the future. They are concerned about being prepared down the road.
When it comes to savings, there are four key funds that we should be focused on- The Rainy-Day Fund, The Retirement Fund, The Recurring Expenses Fund, and The Really Really Want It Fund. We need a savings strategy to get money into each of these funds.
Continue reading “Are you SAVING for the Future?”