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Welcome to Roots of Wealth. A financial blog focusing on life, planning, and interesting information worthy of sharing with you.
Roots of Wealth is proudly managed by Crimmins Wealth Management Located in Ramsey, NJ.
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Between You and the Big Mistake

February 11, 2015 by Maureen Crimmins Leave a Comment

I remember when I was young and I loved school.  So much so that I would play school at home, pretending to have homework assignments, story time and of course recess.  I was quite fanatical about keeping all of my notebooks neat and organized.  I preferred writing with pencils because it you made a mistake, you could just erase it and start over.

This tendency (I am embarrassed to admit) continued through college as I would rewrite my notes for the day to ensure that they were perfect. (Contrary to my behavior was Dan’s tendency to have messy notebooks which never seemed to stop him from getting an A …… so annoying!)

As I have gotten older, I have become aware of the inability to easily erase your mistakes.  And some minor mistakes are all a part of life.  You learn valuable lessons and move on with the knowledge of what to do and what not to do.

Life is not a perfect notebook that benefits from an eraser.

But when it comes to making mistakes with your investments and financial decisions, some mistakes can be quite costly, especially when it comes to planning for your retirement.  Your behavior can significantly impact your ability to have the retirement life that you envision and deserve.

That’s why it is necessary to work with an advisor who can aid you through the tough financial decisions that come your way and help you avoid making the big mistake in the first place.  The following sketch illustrates this point.

between-you-and-the-big-mistake (2)

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Our goal is to work with you as your coach to ensure that you don’t have a BIG mistake that will impact your future and the goals that you have for yourself and your family.

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The foregoing content reflects the opinions of Crimmins Wealth Management and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions or forecasts provided herein will prove to be correct. Past performance may not be indicative of future results. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

About Dan Crimmins

Dan Crimmins, co-founder of Crimmins Wealth Management, is a financial coach and fee only financial planner. Have a financial question? ASK DAN

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