July 2022

July Topic: What is something early on in your business that scared you but does not now?

By Matthew Laker with Experior Financial Group Canada

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I remember thinking they are going to be mad.  I had been asked to review some Universal life policies someone else years ago set up for them and check the retirement plan.

There is nothing like going into a meeting and being the bearer of bad news.  We had to go through the storm first.  I felt their pain as they discovered they did not have what they thought.  Have you ever been there? 

They were only a few months from retiring and needed to find ways to lower the costs, not increase them.  They did not have it.  At the same time, they wanted to make sure final expenses were covered so their adult kids did not have to worry. 

I remember the peace that started coming over them as I shared a plan to meet their goals. We secured life insurance solutions (saving them $250 a month) bringing it in line with an overall plan to help with estate planning. We reviewed the retirement plan and made some adjustment that they felt better served their goals. Options were discovered.    

Realizing we have options seems to help usher in a peace of mind for many of us.

For me, that experience was a shaping moment.  I confirmed I want to run a business that helps people understand what they have or what options exist to empower them to manage their finances successfully.  I was also reminded many people just need a timeout moment to regroup and discover options.

Francis Bacon said, “Money is a good servant but a bad master.”  This is why we need to hit the pause button in our life to make sure we are mastering it.  I encourage you to give yourself permission to hit the pause button in managing your finances to regroup and discover options.

If I can help in anyway, let’s connect.  What is one thing you need to do over the next five days that will put your financial house into a better position?  Send me an email.

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Connect with Matthew Laker at mlaker@experiorfinancial.ca or 1 705-430-4643