The Motivation You Need to Make Good Financial Decisions

Ellen Rogin, CPA, CFP®, and The New York Times bestselling author of Picture Your Prosperity: Smart Money Moves to Turn Your Vision into Reality joins the show to help motivate listeners to reach their financial goals. You can do it! Ellen and Doug talk about the effectiveness of imagining your ideal life as a motivator towards making good decisions. Ask yourself, “What would my ideal retirement look like? How would I feel?” These questions are important when setting financial goals. For most people, this exercise motivates them to make smart money decisions so they can turn their daydream into reality. Ellen encourages the use of a “vision board” for goal setting. She expounds on what a vision board is and how a future retiree can use it to illustrate their financial and life goals. Learn how your imagination can help you make smarter financial decisions! Do you have a big financial decision coming up? Make a plan! Doug shares the story of a couple who didn’t plan well for selling their house. He recounts the painful lesson the couple learned. This cautionary tale should be a reminder that, no matter what your circumstances, when you need to make a big investment or purchase, you should always have a plan in place. If you are interested in Ellen Rogin’s Picture Your Prosperity: Smart Money Moves to Turn Your Vision into Reality, visit her website. You can also find her on Twitter, Facebook, and LinkedIn. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.