Grading Your Financial Competency

Financial competency is something that is not taught nearly enough. As an advisor, Eric focuses on teaching not only strategic investing decisions but also the basic foundations of money. It starts by knowing how much you have. Then, ask yourself, how much do you really spend? It’s easy to spend more than you realize, so getting that in check can make a huge difference.

When it comes to investing, are you truly diversified? How much are you actually paying in fees? Eric shares why some of these answers can be misconstrued and how to get back on track.

 

Here are the questions you need to ask yourself:

• Do you know how much you have? (1:11)
• Do you know how much you spend? (3:45)
• Do you know how much risk you have? (5:39)
• Do you know what you’re paying in fees? (7:47)
• Do you know what your retirement income streams look like? (9:46)

 

Get in touch with the Peterson Financial team: https://petersonfg.com/