I always dreamt of ocean fishing whenever I wanted. When I was young this wasn’t even possible because of where I lived, and how much resource my family had.
In my new world, every weekend, with one of my kids, I spend at least 1 hour fishing. We live near the ocean, where this time of year we catch snapper, right off our back steps. If only I could tell my younger self – hey, don’t worry, be happy – just like the song you’d here twice a day back then.
As a financial adviser, I meet people every day who are worried about their money. They want to make the most of what they have, and they want to know they’re going to be fine in the future. Most of the time, they are. They don’t need to worry, and they can be happy right now, if they wanted.
So how can we be sure our future self will be better off than our present self? How can we plan for a future that’s uncertain and unpredictable?
Imagine your life, five years from now. Forget for a moment if it’s good or bad, in the way you know good and bad today. But just imagine what your life looks and feels like.
Can you imagine a good life?
If you keep working, stay healthy and have good relationships, there’s a good chance you’re going to get this life. But will you be wealthy in this life, and not just financially? Will you have enough, or more than enough? Will you be proud of yourself, and have no regrets?
So assuming 2029 is a better place for you than it is today – how much would it be worth to know for sure today, that you’re going to be alright?
This is why I started the financial coaching part of my business. I can help you see your future self, and show you how to get there.
This is essentially what financial advisers do: they help you manage your risks, optimise your returns, and align your values with your goals. They help you build confidence and give you peace of mind.
So this is the challenge. Most of us advisers and even the current set of online investment platforms are stuck in the old way of making money by giving you access to products, platforms, and information. The entire wealth industry makes money by selling you access to your future wealth.
A gigantic opportunity in financial services exists that most are blind to. Monetising confidence.
As ambition strives to be more digital, digital becomes more human.
So here’s the picture – a world where it’s hard to tell where our digital life begins, and our physical body ends – Our assets are going to be digital yes, but they’ll be digital native value. Our assets will be money that we hold outside of the ‘finance industry’, and government.
