When it comes to your finances, do you ever feel like you’re always struggling against the wind? Like it’s constantly blowing in your face?
One thing we talk about a lot at Tallkirk Financial Group is creating a financial tailwind. Because when it comes to building wealth, it helps to have the wind at your back.
How do you do that?
Changing your bank account to one where you don’t pay fees and earn more interest. That’s a small headwind turned into a small tailwind.
Same thing for making sure you’re getting 1-2% cash back on all your purchases. Another breeze that’s better to have at your back.
Switching from paying bills monthly to paying them annually can help too. So can paying down high-interest debt.
An even bigger one is using Whole Life insurance to fund major purchases and build your wealth. You create a steady, consistent source of growth that will push your net worth in the right direction year after year.
The two most powerful winds to take advantage of are the housing and stock markets. That’s why owning your home and getting invested in the market are crucial. That’s how you ensure these winds are at your back.
Now, not all headwinds can be avoided. Inflation, for instance, sucks pretty hard and there’s not a ton you can do.
But if you focus on what you can control and go about removing headwinds and adding tailwinds, you can make sure that the financial winds are at your back.
Then it’s smooth sailing.