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February 7, 2019

Pop Culture Finance - Staying Optimistic

Don't get spooked when things aren't going according to plan. Staying optimistic for the future of your finances and even more importantly, your goals, is paramount to being successful. Don't get dragged to another dimension just because things aren't looking great.

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I’m sure we’ve all binged on the first three seasons of “that-odd-show”, so if any of these references sound “odd”,that is where it is from.

Sometimes we get media blasted with news about cataclysmic events or terrible things that continue to happen around us.  Getting sucked into another dimension may be inevitable. Being an optimist feels underrated these days, as we feel like everything we see deserves a reaction. During these trying times,its important to be an optimist, not just for your health, but also for your plans.

KGE Wealth Management is a financial advising firm, but there’s more to financial planning than just finances. Your financial situation should complement your life and goals, and the data shows it. Some of our lives may get entangled in the most unexpected of situations and it might feel like we live in a fictional town in Indiana sometimes.

An article titled “The Financial Upside of Being an Optimist” written by Michelle Gielan talks about studies that show that optimistic sales professionals outsell their pessimistic counterparts by 56%. While this might seem like a good reason to deny the negative things happening around us, we should be realistic about the situation. The same article discusses the other side of the argument, citing a study indicating that optimistic entrepreneurs earn 30% less than pessimistic entrepreneurs.

               Finding a reasonable balance between being extremely optimistic or pessimistic should be one of the main priorities of planning work for you. Plans change; and we all grow from the choices that we make. This is true in financial planning as well.

               Whether or not you are an existing client or just looking for a second opinion, give us a quick call and book your free consultation.

Call us at (747) 900 6817 or email me at krustanto@kgewm.com

Remember to stay optimistic, as the best is yet to come.

 

Article Source: https://hbr.org/2019/03/the-financial-upside-of-being-an-optimist

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