“You must gain control over your money, or the lack of it will forever control you.”
-Dave Ramsey
Everything is cyclical. As markets rise and often conversely become turbulent, marketing efforts of various financial products and strategies abound. Diversification is extraordinarily helpful, but far too often clients find us when they’ve built a “financial junk drawer” of unrelated products that are often out of sync with their needs and goals.
I had the distinct pleasure of working with a purpose-driven CEO in the professional services sector. He knew his cash flow and revenue variability like the back of his hand. He also shared that when he didn’t have 9-10 months cash reserve he didn’t sleep at night because he worried about taking care of the amazing team he’d been fortunate to build.
When I met him, he’d been frustrated about the purchase of an insurance product that was out of alignment with his long term goals. Unfortunately, his cash reserve was now invested in a product that had surrender charges that would hamper the success of his business. Sometimes tax deferral and creditor protection are key to long term financial success, but there are often trade-offs. It’s why we strive to fully understand each client’s cash flow in order to better ensure strategic and cohesive long-term planning goals are met. Investing our time in our clients and their story helps us build their SCORE, and their long term financial independence.
Not sure what might be in your “junk drawer”? We’d love to talk.
Orchestrating Fiscal Harmony™,
Kelly Kunst CFP®
Founder
2021 Five Star Wealth Manager
Once again, I am honored to be named a Five Star Wealth Manager by Texas Monthly. Nearly 4,000 Dallas-Fort Worth wealth managers were considered for the award; ten percent of these candidates were named 2021 Five Star Wealth Managers. Being recognized is always nice, but the real blessing is serving families and helping them on the path to fiscal harmony in their lives.
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