So if you’re feeling like a Superhero because of some innate cockiness that’s more-“fake it til I make it” than anything else, you would benefit from coming to grips with reality.

Here are some examples:
#1 “I’m a great investor! I’ve been getting double digit returns for like, 5 or 6 years in a row. I do my research and stay educated on the stock market. I know what I’m doing.”

Where’s the problem?
See if you haven’t been Investing before 2009, like many of y’all young millennial peeps reading this, then you’ve never experienced a bear market. You’ve never dealt with great investments still losing value quarter after quarter after quarter. Never having been tested like this means that you’re Superhero attitude may cost you big if you don’t think thru how you’ll handle market corrections. For more read up on BehaviorRisk

Here’s another example.
#2 “I’m a healthy person- I eat right, exercise, and don’t smoke or drink like crazy, so I’ll always be good and healthy and able to work and make bank!”

Where’s the problem?
See, life can throw health curveballs at you out of the blue despite anything you do correctly. Accidents happen. Illnesses happen. I recently learned that the amazing Bruce Lee passed away at age 32 because of a brain aneurysm. Freak unexpected stuff happens. Feeling like Superman may keep you from signing up for the insurances that you really must have in place in order to live with Financial Freedom and Confidence. Be prepared for things that could happen and be catastrophic, and transfer the risk accordingly to an insurance company for as low of a premium cost as possible.

What does it mean to be a Money Pro and optimize your personal finances? Well, it’s a combination of being a little bit Superman and a whole lotta Clark Kent. Examining how your finances would stack up to different potential life events, like market crashes and sickness/injury as described above.

For more content make sure to follow @90daymoneypro on Instagram and subscribe to My YouTube Channel for more info on how to be a MONEY PRO!

The post A Reality Check for Superman and Wonder Woman appeared first on Dimitry Neyshtadt.

While the definitions may vary, we all know how financial success makes us feel. Here, it means eliminating any toxic debt that’s weighing you down, saving the right amount for your future, enjoying your lifestyle and spending money, and being protected against things that could go wrong and devastate you.

All of the above. All at the same time.

Do you need to make a certain amount of money per year in order to be financially successful? No. Must you make six figures or seven figures a year? Nope!

Here’s an example to blow your mind.

As a Financial Advisor for over ten years, I’ve met plenty of folks with high six figure incomes or even earning Millions per year … and they still live month to month, paycheck to paycheck, carrying toxic debt, not saving properly, while feeling very unorganized and stressed out!

Yes – really!!

On the flip side, I’ve met plenty of folks who are earning $30k-$70k per year, organized properly, with no toxic debt, saving 20% of their income, protected against things that can go wrong, and enjoying their lifestyle, hobbies, and spending money.

You see, it’s not about how much money you make per year.

It’s about what you do with it.

So many families fall into the trap of poor financial habits, poor saving, poor protection, spending outside their means, and other toxic behaviors.

There is a way out of this trap.

By learning how to optimize their current finances, a family is able to make consistent incremental improvement that will lead them towards Financial Independence, Freedom, and Peace of Mind.

Dimitry Neyshtadt ChFC has taught American families how to optimize their Personal Finances for over a decade. His #MoneyProMethod has proven to ensure that families build a Finanical Plan in the right order so that it can withstand the test of time and all of life’s curveballs.

He is traveling across the USA in 2019 speaking to millions of Americans about ANY financial priority they may have.

The post What Does “Financial Success” Really Even Mean? appeared first on Dimitry Neyshtadt.