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Aug 15, 2018

 

In the 17th episode of the Confident Wealth Podcast, Bill Bush and Pete Bush from the Horizon Financial Group talk about a concept that Pete Bush refers to as distracted finance. Learn some strategies to prevent yourself from losing track of your financial goals.

 

Time Stamped Show Notes:

  •  00:55 – There are parallels between distracted finance and distracted driving.
  • 02:20 – At stop lights, most people are probably not checking their financial records.
  • 03:06 – You can’t do two things at once with full attention.
  • 06:30 – People get distracted with regards to their money.
  • 06:47 – People may not have a financial plan to get distracted from to start with.
  • 08:13 – Pay attention to your wealth like you do with your health—with regular check-ins.
  • 10:14 – Seek a financial advisor, and develop a plan.
  • 12:20 – Once you have a plan, take responsibility and see an advisor with a system in place.

 

3 Key Points:

  1. Many people don’t have a financial plan to be distracted from in the first place.
  2. Pay attention to your wealth like you do with your health—with regular

    check-ins.

  1. Get your head out of today, and think three years into the future.

 

Tweetable Quotes:

-    “It’s all about being present right? You can’t be in two places at once.” – Pete Bush.

-    “The overwhelming majority of people don’t have the plan (financial) to begin with.” – Pete Bush.

-    “It’s really just about becoming present in your financial situation. Don’t take your eyes off of the road. Don’t look down on other things.” – Bill Bush.

 

Resources Mentioned: