Radio Show #20: Cleaning Out The Financial Garage
Have you ever walked into your garage and felt overwhelmed by the clutter? Old tools, forgotten toys, and random items piled up over the years can make it feel like a daunting task to clean up. Now, imagine that same clutter, but in your financial life. This is what we refer to as a ‘messy financial garage.’
Over the years, we accumulate various financial assets—old 401(k)s from previous jobs, life insurance policies, IRA accounts, and more. Much like a cluttered garage, these financial assets can become disorganized, making it difficult to know what you have, why you have it, and how it all fits into your financial plan.
Scott is joined this week by Shawn McElmoyl to break down how to clean out and organize the financial garage in your home. They discuss why so many of us accumulate financial clutter and how it affects our financial health and peace of mind. Plus, we’ll provide steps to help declutter, organize, and optimize your financial assets.
Here’s some of what we discuss in this episode:
• Consolidating old accounts into one place to have peace of mind and more options.
• Understanding why you should or why you shouldn’t be invested in certain accounts.
• The value in rebalancing your portfolio.
• How getting your finances in order can help your family out down the line.
• Once that financial garage is cleaned out, how do you maintain that organization?
Book a 15-minute discovery call with the team here: https://calendly.com/ask-bulmanwealth or ask questions via email at ask@bulmanwealth.com.
