It was a sad end. He sent a thoughtful note. The window had closed. It wasn’t anyone’s fault. The timing wasn’t right anymore. They weren’t going to become clients.
Like all relationships, we spent a considerable amount of time getting to know each other. We talked about his savings accumulated over close to eight decades of living. He’s the millionaire next door. But no one in the neighborhood would know it.
“I came from nothing,” he said. “I mean nothing. We had a roof over our heads. Sure. But that was about it.”
When you grow up like that, it’s something you never forget. The feeling is part of you. The feeling of having nothing. It’s a lifelong reminder. It’s a feeling that can make money decisions brutally hard. It’s paralyzing.
Self-doubt sets in, and confidence is easily shaken. “Why should we change everything now?” she asked. “We have our banking arrangements in place. It’s working well. Isn’t it?” It is. But it might be better with some more help. But it’s that tiny bit of not knowing that makes change hard. Will it be better? Because you know you’re on the hook if it isn’t.
Action Line: Change can be hard, even those you want to make. And it gets harder with age. Making change isn’t intuitive. It takes a leap of faith. When you’re ready to make a change, let’s talk.
P.S. Tomorrow, I want to know, “When Did You Become Serious about Your Money?“
E.J. Smith - Your Survival Guy
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