by Viola Van de Ruyt, Investment Advisor, VandeRuyt Wealth Management Group –
January 1 is the day many of us will make our annual New Year’s Resolutions. Unfortunately, before the month is done, many of these resolutions will have already fallen by the wayside. Having an accountability partner or coach can often help you to stay on track when it comes to goals like regular exercise or eating right. They help you get over those emotional hurdles and tackle the obstacles together.
What about if your resolution involves saving for your retirement or ensuring your financial freedom? Are you trying to do it all yourself, or do you have a trusted coach or accountability partner?
A good Wealth Advisor can help fill this “coaching” role. Your Advisor is your guide through the complex financial world, helping make sense of it all for your situation. The most important coaching though is in helping you calm the emotional roller coaster that can derail you. This derailment can take the form of overspending, hoarding cash, panic reactions to news reports or hot tip greed. 2022 will bring a new round of forecasts for our economy, and probably lots to worry about, but in reality what will matter more to your future financial success is whether you have someone to guide you through the noise and help you stay on track.
If you are one of the rare individuals who truly loves spending their time doing financial research, combined with the discipline and patience to make careful decisions and stick to them when times get tough, then chances are you’re not needing to make a New Year’s financial resolution and may not need a “coach.”
If, however, you have decided that 2022 is the year you set a resolution that will have a positive impact on your life, whether it’s financial or health related, you’ll be much more likely to be successful if you find the right accountability partner or coach for your resolution. There are no rules that say goals must be achieved without getting help.
For more information visit www.violavanderuyt.ca.
Viola Vanderuyt is a Wealth Advisor with National Bank Financial (NBF). National Bank Financial – Wealth Management (NBFWM) is a division of National Bank Financial Inc. (NBF), as well as a trademark owned by National Bank of Canada(NBC) that is used under license by NBF. NBF is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and the Canadian Investor Protection Fund (CIPF), and is a wholly-owned subsidiary of NBC, a public company listed on the Toronto Stock Exchange (TSX: NA).