Increasing Your Luck Surface Area

Rachelle Vanderzanden and Corey Janoff tackle some ways to increase occurrences and the impact of good luck (and decrease the impact of bad luck) in this episode of Financial Clarity for Doctors. There will always be things out of our control, and we might as well prepare for them the best we can. How do you increase chances of “good luck” and decrease chances of “bad luck” in your financial plan? Have some extra cash on hand for emergencies. Work hard and be kind. If you have the support of the folks around you, they will often help things go more smoothly. Take on less debt than you can afford. Be aggressive with your savings. Build some diversification into that plan! Things will not always go as we plan. It’s important to have plans B, C, and D lined up just in case. For more financial planning tips from Corey and Rachelle, find them on social media! LinkedIn: @CoreyJanoff and @RachelleVanderzanden; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP and @RachelleFinance Discussions in this show should not be construed as specific recommendations or investment advice. Always consult with your investment professional before making important investment decisions. Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services offered through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Finity Group, LLC and Cambridge are not affiliated. Cambridge does not offer tax or legal advice.