• Treavor Dodsworth

#13 - The "Why" Behind Financial Planning


My friend Scott is one of the wisest people I know. Every month, he hosts a Kingdom Advisors study group. A few different times at the group, he has shared his “why” behind being a financial advisor. He discovered his “why” by literally asking “why” five times. It is incredibly intentional and valuable. I want to share it with you (paraphrased below).

1. Why do financial planning? To assist individuals in making intentional decisions. 2. Why is that important? Intentional financial decisions assist in developing financial peace of mind. 3. Why is that important? Financial peace of mind is a step towards setting financial finish lines. 4. Why is that important? Financial finish lines result in generous giving. 5. Why is that important? Generous giving results in the funding of the Great Commission.

Why do financial planning? To fund the Great Commission.

I am currently in the process of honing down my answer to “Why financial planning?” Knowing your why can be an inspiration to yourself and others. This is especially true if you find yourself stuck in the “dark swamp of despair.”

Interesting Article(s) or Video(s) Behavior Gap - Want to Get Smarter Fast? Get in Over Your Head

  • If we always feel comfortable, we are not learning as fast as we could. Carl Richards says, “Think of being in over your head as a little magic box. In one side goes the old you and out the other side comes a 2x or 10x version of yourself.”

Calibrating Capital - Successful Success

  • Another article from Jeremy Walter this week. I thought about this article as I was writing. Knowing your why can be extremely valuable in defining “successful success.”

Thank you for reading! What is your why?


All written content on this website is for information purposes only. Opinions expressed herein are solely those of Sycomore Financial, unless otherwise specifically cited.  Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. The owner of this website takes great care to thoroughly research the information provided to ensure that it is accurate and current. Nonetheless, the content on this website is not intended to provide tax, legal, accounting, financial, or professional advice, and readers are advised to seek out qualified professionals that provide advice on these issues. All information or ideas provided should be discussed in detail with an advisor, accountant, legal counsel, and/or other pertinent professionals prior to implementation. In addition, the owner cannot guarantee that the information on this website has not been outdated or otherwise rendered incorrect by subsequent new research, legislation, or other changes in law or binding guidance. Neither Sycomore Financial or it's owner shall have any liability or responsibility to any individual or entity with respect to losses or damages caused or alleged to be caused, directly or indirectly, by the information contained on this website. In addition, any advice, articles, or commentary included on this website do not constitute a tax opinion and are not intended or written to be used, nor can they be used, by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. Any mention of an investment product or solution is not a recommendation to buy or sell. ETFs that are mentioned may not accurately reflect the market segment mentioned. Past performance is not a guarantee of future results.

CONTACT

phone: 765-335-6673

SYCOMORE SATURDAY

Weekly email from Treavor on money and life.

Learn more about Treavor's approach.

© SYCOMORE FINANCIAL 2019