Take Your Family Stewardship to the Next Level with These 5 Steps, Ep #163

COVID has turned the world upside down. We are all entrenched in the depth of winter. There’s a lot of hatred permeating politics. The economy is overwhelming. It feels like the walls are caving in around you, right? But none of these things are under our control.Focusing on these things won’t make your walls stronger. You’re the one responsible for building your four walls. No one else will do it for you. You don’t want a weak house that leaks. You want a strong fortress. So how do you build your fortress? In this episode of Best in Wealth, I share 5 things you can control and focus on. Check it out!Outline of This Episode[1:15] Welcome![2:04] Growing up a carpenters kid[4:14] The state of our world[9:18] How to build your fortress[10:00] #1: Take care of your family[11:36] #2: Build your financial fortress[14:59] #3: Be kind to others[16:41] #4: Take care of yourself[19:27] #5: Get spiritualStep #1: Take care of your familyDon’t take your spouse for granted. Everyone can work on their marriage. Are you a parent? Become the best parent that you can be. How? Be present. Don’t stress about what you can’t control. Listen to your kids. A client told me that instead of asking your child “How was your day?” you have to say “Tell me about your day.” It’s a game-changer. When you work to be present, you’re pouring a strong foundation.#2 Build your financial fortressHow can you take care of your financial fortress? Here are some ideas:Set up a budget! Get a spending plan in place. You feel so much better. It isn’t a constraint on your money—it’s permission to spend. Don’t feel guilty when you have it as part of your spending plan.Set up a great retirement plan. You’ll feel more secure and like you’re making better decisions with your money.Get a sound investment plan in place. When you have an investment policy statement in place, you feel less out of control when the market dips.Get the insurance you need (and get rid of what you don’t need).Pay attention to your taxes.Get estate-planning documents in order.If this is too overwhelming, reach out to me! This is what I do for a living. I can help you get it all together.Step #3: Be kind to othersI’m tired of all of the hatred in the world—aren’t you? Why can’t we just be kind to others? Let people pass you on the freeway. Open the door for someone. Smile. Give. You can do three things with your money: spend it, save it, or give it away. You will be happiest when you’re giving. Give a little now so you can give a lot later. It doesn’t have to be monetary—you can give your time, too.Step #4: Take care of yourselfEveryone focuses on self-care at the beginning of a year, right? It’s so easy to start strong, then you start to go downhill. It’ll be rough at first. But once you get in the groove, you’ll want to keep those endorphins around. You also need to take care of your mental health. If you aren’t in a good physical or mental state, you’re like a hollow door. But when you’re strong—both physically and mentally—you can take on the world.Step #5: Get spiritualYou need a sense of purpose in your life. The world is bigger than you. Don’t forget that you have someone to lean on. We all fall, but you can get back stronger than ever. When you have a strong spiritual base, it’s hard to get knocked down. You are being protected. When you feel that, your fortress is growing even stronger. You can work to be a better person every day.Connect With Scott WellensSchedule a discovery call with ScottSend a message to