Financial Good Habits and Bad Habits

Retirement Coach's Corner

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7M ago 17:23

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Everyone has their own habits and routines when it comes to handling their finances and investing. For instance, having a good budget and being disciplined can help you achieve the financial goals you have for the future. You also want to think about what life experiences you want to have, now and in the future.

It seems wise to stay informed and pay attention to what you are investing in. But which of these habits may seem helpful but can actually cause problems?

So many of these financial habits are all about having the right balance and an understanding of your financial plan. Working with retirement coaches, like Alan and Troy, can help you see which of these habits can be a double-edged sword and how to handle it. Don’t wait for a review to come up—if you have questions, reach out now and avoid the stress of the unknown.

Here’s some of what we discuss in this episode:

Ignoring account statements.
Keeping a strict budget.
Investing in stocks you’re familiar with.
Staying informed by watching and reading financial news.

Get additional financial resources here: https://mercurioadvisors.com/podcasts/

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