Your financial plan was built around the life you had at the time.

But what happens when life changes and our plan doesn’t change with it?

Your priorities, responsibilities, values and goals can change as you move through life. Yet many people continue making financial decisions based on an old picture of who they are and what they want.

An old “reference frame”.

In this episode, we explore your reference frame - the mental framework you use to make financial decisions.

We uncover how your reference frame is formed, how to know when it’s outdated, and the four steps to updating it for today’s reality.

• 0:00 – Intro
• 0:22 – What most financial planners miss.
• 1:43 – What is a reference frame and how does it affect your money?
• 2:58 – How we build our reference frame.
• 6:00 – What happens when you don't change your reference frame?
• 9:07 – Values vs. virtues and why you need to know both.
• 10:10 – Four steps to update your financial plan to fit who you are today.

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Travis Maus on LinkedIn - https://www.linkedin.com/in/travis-maus/

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