Waiting for the perfect scenario can get in the way of making any progress at all!

• Now, right now, today is almost always better than perfect. (02:08)
• So get out there, get the insurance policy now and then when you get in better health, go get a new one to replace it. (03:14)
• Saving towards yourself can be another common example. "I just want to buy this or that first, then then I'll really start to save I'm still young, right?" Well, you put it off for a year and then two years and it could be a few $100,000 less you have now for retirement because this money has 30 to 40 years to be growing and building off of itself. (03:21)

Quote for the episode: "There's never going to be a perfect time because action today means that you're probably a little less likely to be eating that snail down the road." (03:50)

Securities offered through TFS Securities, Inc., and Advisory Services through TFS Advisory Services, an SEC Registered Investment Advisor Member FINRA/SIPC. TFS Securities, Inc., is located at 437 Newman Springs Road, Lincroft, NJ 07738 (732) 758-9300.

Welcome to the Enjoy More 30s Family Finance

podcast. The only podcast dedicated to making life more

enjoyable for young families by hitting on the financial topics

that tend to weigh on us, stress us out, and distract our focus

from simply enjoying life.

Hello, and welcome once again. Thanks for joining

me today on the Enjoy More 30s Family Finance podcast and our

series, The Financial Parables of Your Life. As you are

probably now accustomed to each week, I'm sharing what may

likely be a somewhat altered version of story that you're

already familiar with. Working in kind of a financial twist to

the familiar because stories are easier to remember than me

badgering on about something or other to do with money. So

hopefully these stories have a better chance of staying in your

mind and staying with you day to day so that you can take some

positive steps forward. As always, before I begin, please

share and like please leave reviews. I'd love to reach and

help as many young families out there that are just like you.

So today please join me for our story, The Master Heron. A heron

was walking sedately along the banks of a stream, his eyes on

the clear water and his long neck and pointed bill ready to

snap up a likely morsel for his breakfast. The clear waters

swarmed with fish, but master heron was hard to please. "No

small fry for me", he said, "such scanty fare is not fit for

a heron." Now a fine young perch swam near. "No indeed", said the

Heron, "I wouldn't even trouble to open my beak for anything

like that." As the sun rose, the fish left the shallow water near

the shore, and swam below into the cool depths towards the

middle. The Heron saw no more fish and very glad was he last

at breakfast on a very tiny snail.

Too many times waiting for the perfect scenario can very much

get in the way of making any progress at all. We wait, we

hold out, "if this could just happen, then then I would be

ready." Now right now today is almost always better than

perfect. This comes up countless times when I'm working with

families. The biggest time is just reaching out in the first

place to making the call. Making that first contact. I'll hear a

lot of "you know, I wanted to save up more before I reached

out. I didn't know if I had enough yet to speak to you, you

know, you probably have much bigger clients." So the question

I always ask is "How do you think those clients got to be

bigger?" With help, right? It's a catch 22 that we think that

you know, we need to have some massive amount to have some help

from an advisor, somebody else out there yet most people that

you would say, "hey, they're doing really well, they have a

lot built up". They probably had help, they probably reached out

to somebody in the first place. And it comes up with other

things too, like life insurance. "Well, yeah, I'm not at my ideal

health right now. So I'll just wait a little bit until I get

there." In the meantime, though, your family is severely exposed,

severely under insured, unprotected, and this mentality

from what I can see or have seen in my job can last many years.

So get out there, get the policy now and then when you get in

better health, go get a new one to replace it. Easy peasy.

Saving towards yourself can be another common example. I just

want to buy this or that first, then then I'll really start to

save I'm still young, right? I have time. Well, you put it off

for a year and then two years and it could be a few $100,000

less you have now for retirement because this money has 30 to 40

years to be growing and building off of itself. $1,000 today is

not $1,000 40 years from now, it's a lot more. So overall,

don't wait to be perfect. There's never going to be a

perfect time because action today means that you're probably

a little less likely to be eating that snail down the road.

Thanks for tuning in today and join us for next week's story,

The Fisherman and the Little Fish. Yes. So some more fish

back to back fish but you know Aesop loved his seafood

analogies. So what can I tell you? I hope you've enjoyed

today's story. Please remember to review and share for others.

And if you need any help, don't hesitate in reaching out. I

probably have helped someone just like you. Until next week.

Thanks for joining me today and I look forward to connecting

with you again soon.

The conversations on this show are

Joe's opinions and provided for general information purposes

only. They do not constitute accounting, legal, tax, or other

professional advice for your specific situation. You should

always seek appropriate advice from a financial advisor,

accountant, lawyer, or other professional before acting upon

any content or information found here first. Joe is affiliated

with New Horizons Wealth Management LLC, a branch office

of TFS Securities, Inc., and TFS Advisory Services an SEC

Registered Investment Advisor, Member FINRA/SIPC.