4 Tips for Financial Confidence

Key Takeaways

  • Having a high level of confidence can help you overcome almost any obstacle out there, and this applies to your finances as well.
  • Defining your goals, living within your means, being prepared for the unexpected, and hiring a financial professional are four things that can help you feel financially confident.
  • Hiring a financial professional is important because they can see beyond the emotional attachments we often have around money.

I have personally found that the most important mindset for me to be in on a daily basis is that of a high level of confidence. That mindset overcomes almost all the obstacles out there, and it helps me to achieve my goals and move forward. So, it’s no wonder that I came across a Fox Business article that talks about the four tips for being financially confident:

  1. Define your goals. Yogi Berra said, “If you don’t know where you are going, you will probably end up somewhere else.” If you don’t define your goals, you’re not going to be intentional about them, and who knows where you’ll end up.
  2. Live within your means. We’ve heard this many times, but really what it’s all about is ensuring you cover your needs first. Do your saving upfront, then you can do the wants later, and when you do that, you’ll tend to live within your means.
  3. Prepare for the unexpected. One of the biggest things we do for our clients is make sure we have structure in place for their investments. Why? Because we always assume bad things are going to happen at some point. Could be from the outside world, something within their own world, or from the people around them, but we structure their investments in such a way that they can be prepared for the worst, and whatever happens, it won’t destroy them financially.
  4. Hire a financial professional. I know, it sounds like I’m tooting my own horn here, but quite frankly, the main reason we get hired is because I’m not you. And because I’m not you, I can look at your finances without an emotional attachment, which helps me see things and offer you courses of action about your finances that maybe you can’t see.

These are great tips to help you gain financial confidence. And whether it’s me or someone else out there, just be sure to hire a good, competent financial professional. They’re a great resource for you to bounce your thoughts and ideas off of to make sure you stay highly confident when it comes to your finances.

Until next time, enjoy.


Learn more about TransformingWealth™ , our proprietary approach, designed to get your arms around the big picture so you can make informed financial decisions. Ask Gary about Coyle’s TransformingWealth Preview Meeting, and schedule a complimentary consultation and start living the Good Life Managed Well™.

Gary Klaben is in our Glenview, IL office and serves our clients who are now located all over the country. He has over 30 years of experience and is the author of Changing the Conversation, Wealth of Everything and co-author of The Business BattlefieldWhether advising his clients, mentoring his team, or coaching entrepreneurs, he is always simplifying complexity and motivating others to take the next action that’s right for them.
800-480-7913 |

We value your comments and opinions, but due to regulatory restrictions, we cannot accept comments directly onto our blog.  We welcome your comments via e-mail and look forward to hearing from you.

All information is from sources deemed reliable, but no warranty is made to its accuracy or completeness.   This material is being provided for informational or educational purposes only, and does not take into account the investment objectives or financial situation of any client or prospective client.  The information is not intended as investment advice, and is not a recommendation to buy, sell, or invest in any particular investment or market segment.  Those seeking information regarding their particular investment needs should contact a financial professional.  Coyle, our employees, or our clients, may or may not be invested in any individual securities or market segments discussed in this material.  The opinions expressed were current as of the date of posting, but are subject to change without notice due to market, political, or economic conditions.


book img2

A Comprehensive Guide To Safeguarding Your Financial and Family Wealth.

Subscribe to our blog

Looking for Something?

Coyle Financial
Counsel Events

Recommended Reading

book img3
Download Free Chapter on
Lifelong Learning

Watch More Videos