Life is a process of beginnings and endings. In both life and nature, there are times when things move slowly and don't seem to change very much. Then, suddenly, things change quickly. Moving from August to September, the weather changes gradually at first, and then it seems that suddenly summer is over. It is the same in our lives; transitions are as natural as the changing seasons.
Life transitions are challenging because they force us to let go of the familiar and face the future with a feeling of vulnerability. Financial matters tend to become more pronounced.
Any significant loss makes most people feel fearful and anxious. Since your future may now be filled with questions, it is normal to feel afraid. We live in a culture that has taught us to be very uncomfortable with uncertainty, so we are anxious when our lives are disrupted. On the positive side, these transitions give us a chance to learn about our strengths and to explore what we really want out of life. This time of reflection can result in a sense of renewal, stability, and a new equilibrium.
A life transition can be positive or negative, planned or unexpected. Some transitions happen without warning, and they may be quite dramatic, as in cases of accidents, death, divorce, job loss, or serious illness. Other life transitions come from positive experiences such as getting married, going away to college, starting a new job, moving to a new city, or retiring. Even though events like these are usually planned and anticipated, they can be just as life-altering as the unexpected events. Whether positive or negative, life transitions cause us to leave behind the familiar and force us to adjust to new ways of living, at least temporarily. They can leave us feeling completely unprepared and we may be thrown into a personal crisis, feeling shocked, angry, sad, and withdrawn.
During transitional times your decision making may be impaired. A poor financial decision during a transition may be very costly--in money or in lifestyle. What may be even worse is that many of these decisions are not reversible. It is a time to have someone 'on your side' that has the knowledge and desire to either help you through a transition you are experiencing or plan for one in the future.
Founded in 1987, Money Professionals Group provides hourly, fee only financial advice in Orlando and the Spacecoast of Florida. We provide as much or as little help as each person may need. Our financial services are available on an hourly, fee only as needed basis. We have no minimum account sizes or minimum fees. We work in a fiduciary capacity for our clients, assuring you we put your best interests first!
For fee only, hourly financial advice in the Orlando area or Melbourne and the Space Coast, please call one of our numbers to schedule a free 'Get Acquainted' meeting to discuss your situation and whether we would be a good choice to help you.
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