The true cost of financial inaction with Brad Fox

We’re all about taking positive actions on this podcast when it comes to decisions around your money, career and future. But in this week’s episode, we thought we’d look at the other side of the coin. What is the cost of taking no action?Helping us tackle this question from both a financial and life perspective is Chairman of Tribeca Brad Fox, who’s experiences as a professional AFL player (and current local senior coach), business mentor, and President of the Association of Financial Planners, makes him an expert on enabling decision making. Given one out of ten people seek advice from a financial adviser; Brad, Ryan and Steph unpack what holds people back from asking for help with their finances. The reasons are varied, from being unsure about the value of financial advice or lack of trust in the industry, to feeling embarrassed or uncomfortable to talk about their situation. In looking at the costs of this inaction (money, time, wellbeing), Brad shares some inspiring stories of where honest and candid conversations with a trusted adviser have stripped away these barriers, transforming lives and choices for the better. It comes back to taking that first step to reach out, which is often the hardest thing to do – but ultimately the most rewarding.Here’s to your Good Life. And thanks for listening.You can find us at https://www.tribecafinancial.com.au/Our guest:Brad Fox, Chairman Tribeca Financial, Managing Director Smart Brave Consult-ingConnect with Brad: linkedin.com/in/bradfox1Visit Brad’s website: smartbraveconsulting.comOur hosts:Ryan Watson, CEO, Tribeca Financial Follow Ryan: https://www.linkedin.com/in/r-watson/Stephanie Coombes, podcast expert and media strategistFollow Steph: https://www.linkedin.com/in/stephanie-coombes-62903825/Tribeca Collective Pty Ltd, ABN 54 604 005 209 trading as Tribeca Financial has been appointed as a Corporate Authorised Representative (CAR No.1008603) of My Dedicated Advisory. My Good Life ® is a registered trademark of Tribeca Collective Pty Ltd. Advice given in this podcast is general in nature and is not intended to influence decisions about investing or financial products. Our listeners should always seek their own professional advice that considers their own personal circumstances before making any financial decisions.Tribeca Financial acknowledges the Traditional Owners of Country throughout Australia, and we pay our respects to Elders past and present.