Ever Better Today:
Season 2 Episode 79
Coach Question Friday - What Is Financial Security?
Welcome to Ever Better Today: the daily podcast for creating your optimal business, career, or overall life in ten minutes or less. I’m Lisa Conners Vogt, Executive and Leadership Coach and founder of Ever Better Coaching and Consulting. Let’s jump in!
Notes from this episode are below.
What is financial security to you?
Think about where you stand from a financial security perspective.
What does financial security really mean to you? It has a different definition for everyone.
Financial security can involve having enough money week to week to pay your bills.
Financial security involves having savings to use for enjoyment or unfortunate situations.
It could mean funding your 529 accounts for education expenses. Or, having enough money in the bank to pay for two months of living expenses.
It could mean having diversified investments and generating enough income to continue making investments. This could involve investing in other businesses, real estate, stocks, bonds, or maybe even crypto.
Consider this is you already financially secure but sacrificing a healthy lifestyle to chase greater levels of income? If so, consider the implications of how you choose to spend your time. Think about your health, relationships, and long-term impacts. Could you be enjoying your life more?! If so, start making changes!
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