Financial Planning for Uncertain Times | HDM 423

Are you among those who believe financial planning is something that only people with big incomes or inherited wealth should do? If so, then you’re not alone. Although planning skills are often seen as a spontaneity killer, the truth is that having a flexible plan under your sleeve is the best way to face uncertain times. In this week’s episode, Elaine King, founder of Family and Money Matters, will share why having a personalized financial plan is so important. Have you ever wondered why uncertain times always hit us so hard? It is a real paradox. Intuitively, we know that life can change at a moment’s notice. We’ve seen friends and family navigate all kinds of rough patches, and if you were around in the 80s, you have also lived through a couple of recessions and economic downturns. Intellectually, we understand that uncertainty and change are a part of life. And yet, when it’s time to develop a plan to navigate the huge waves of this ocean called constant change, some of us still resist. We either feel that no plan will ever be able to prepare us enough for the unknown (so why bother), or we overdo it and end up attempting to forecast every small thing. Hitting the proverbial middle ground feels like an impossible task. This is why, in this week’s podcast, Elaine King, an award-winning certified financial planner, will share what essential mindset shifts you need to implement today to reach your financial goals. In this episode you will learn: How emotions show up in financial planning.Why having a Plan B (and even a plan C) is non-negotiable, How to shift your mindset around money so it works for you and not against you.For a quick recap of this episode go to https://www.jenhemphill.com/423The post, Financial Planning for Uncertain Times | HDM 423 appeared first on the Her Dinero Matters Podcast.