arrow-right cart chevron-down chevron-left chevron-right chevron-up close menu minus play plus search share user email pinterest facebook instagram snapchat tumblr twitter vimeo youtube subscribe dogecoin dwolla forbrugsforeningen litecoin amazon_payments american_express bitcoin cirrus discover fancy interac jcb master paypal stripe visa diners_club dankort maestro trash

Dollar Happy Planning Blog

Financial Planning Eliminates Money Fears


The key to overcoming fears is by gaining knowledge. By working through the Dollar Happy Planner and taking the personal finance courses, you will gain knowledge on the basics of managing money.  Knowledge instills confidence, in yourself and your future.

This is a time to reflect on weaknesses and come out stronger.  If there was ever a time for learning, it’s now. 

Financial Planning Eliminates Money Fears

Dollar Happy Planning Blog

Financial Planning Eliminates Money Fears


The key to overcoming fears is by gaining knowledge. By working through the Dollar Happy Planner and taking the personal finance courses, you will gain knowledge on the basics of managing money.  Knowledge instills confidence, in yourself and your future.

This is a time to reflect on weaknesses and come out stronger.  If there was ever a time for learning, it’s now. 

A month ago


Financial Planning Eliminates Money Fears

Money fears are a common condition.  Some people are afraid that they’ll become homeless, they’re afraid of choosing the wrong investments, or they’re afraid to “play” the stock market.  Retirement is becoming an unobtainable dream for some.  I’ve overheard people say that they can’t afford to die because they have to pay for their funeral.

The coronavirus pandemic has taught us more than vulnerability to disease.  It’s exposed financial weaknesses.  The unemployment numbers are staggering, never seen before in history, and, some say, as bad as the Great Depression.  Hopefully, the increases in unemployment benefits will cover monthly bills until things gets back to “normal”.

“Normal”?  Did someone say “normal”?  We may not recognize that for a long time. 

“Normal” involves an underlying sense of panic. Food hoarding is still “normal”.  Hiding inside is still “normal”.  Fear and uncertainty are “normal”.

We want this to be over.  We want children back in schools and everyone to get back to work. Business owners and workers are desperate to get back to work despite the risk of the virus’ contagion factor.  At best, businesses may only be able to support a skeleton crew.  I suspect that consumers will not be running out in great numbers.  We’re hyper-sensitive to close contact.  That points us in the direction of a long-lasting economic stall. 

Even for the employed, the ramifications of the current economy will eventually come around.  I anticipate that we will all be paying higher taxes in some form or another. 

This is the time to initiate a financial plan and embrace its purpose.

The purpose of a financial plan is to be prepared for anything. 

The purpose of a financial plan is to mitigate fear.  Fear of the unknown, whatever that may be. 

The key to overcoming fears is by gaining knowledge. By working through the Dollar Happy Planner and taking the personal finance courses, you will gain knowledge on the basics of managing money.  Knowledge instills confidence, in yourself and your future.

This is a time to reflect on weaknesses and come out stronger.  If there was ever a time for learning, it’s now. 

Be smart. Be prepared.  Be financially well.

 

Dollar Happy Planning Financial Courses

Introduction to Building Wealth

Be The CEO of Your Financial Life

 

April’s trivia question:  The REIT structure was signed into law in 1960 to give all investors an opportunity to invest in real estate without having to own properties directly. Following the enactment of the law, the first REIT was created in 1961.

Shopping Cart