Is Your #1 Financial Frustration 1 of These?

Your Cash Flow Experts

Whether you like it or not, you need money to fund your lifestyle. If you don't earn enough money to fund your lifestyle then you either have to borrow money from somewhere or change your lifestyle to lower your expenses. If you don't want to lower your expenses your only options are to borrow from your available credit (not recommended). The other option is to borrow from your savings until they're depleted (also not recommended).

The last thing you may want to do is drastically changing your lifestyle and cut things out, however it's the first thing you should be doing since it's immediate and doesn't sabatoge your future financial plan by increasing debt and eating up your savings.

Here are 4 of the Biggest Financial Frustrations we hear about from our clients:

1. Cashflow. Basically, if your outflow is greater than your inflow, your upkeep will be your downfall. Cash is King. How much cash flows through your hands each month? Coming in and going out. It's important to speed up the process of how much comes in and slow down the exit process. 

2. Unwise Debt. This is consumer debt such as credit cards, car loans, camper loans, line of credit debt that doesn't have investments attached to it (so you can write off the interest). Paying interest on depreciating assets is not wise. Everytime I go to a teller they try to sign me up for more potential debt. That luxury car, boat and motorcycle sitting in the garage unused. We talk with couples who have barely any RRSPs but are spending tons of money to service debt on such items. (See our Blog on 4 Ways to Ensure You'll Retire Poor)

3. Overwhelmed. We see this all of the time. People who do not know how much the family income really is or how much they owe or how much they spend. There have investments scattered around town that they're paying annual fees on but no real advisor. They have bank acounts they did not even know existed but never with any significant savings in them. There's a real uneasy feeling, there's stress, there's marital conflict and there's a lot of fear.

4. No Plan. They have no agreed upon budget or Financial Plan with set targets of where they want to go. No plan for consolidating, reducing and eliminating debt. No plan for increasing income and reducing expenses. No Plan but Plenty of Naive Optimism for their future. Everything will be ok...they're Living in LaLa Land where life is just Grand". We need to run our family money like a business enterprise with a 6 month, 1, 3, 5 & 10 year plan. 

The good news is that with some tweaking and minor adjustments you can deal with the major financial frustrations, increase cashflow and sleep better at night having a newfound peace of mind. Families that have a Financial Advisor and a proper financial plan are more likely to Achieve Financial Freedom Sooner and have a more stress-free journey along the way.

Upcoming Workshops on Retirement Income - More Information

Your Retirement Income Specialists

Willis and Nancy Langford


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My wife and I realized a long time ago the value of a financial planner over just a bank representative. We just felt like a number to the banks as every year it seemed we saw a different adviser with a different view. But finding a trusted, knowledgeable and personable financial planner took a lot of time and effort. It just seemed, so many large corporate Financial Planners were more concerned about what they could make off of us rather than what they could make for us.
What we wanted, was not just reasonable returns now, but good personal advice in our preparation for retirement and what happens when retirement actually arrives. We wanted someone who would be walking with us, guiding us on our way to retirement.
From the first time, we found the web site for Langford Financial Inc, we could see the knowledge of Willis and Nancy and a real effort to educate and pass on their knowledge through seminars, workshops and their personal service. Once I reached out through their web site for more information, Willis was quick to respond, offering and giving whatever information I was looking for and never was there pressure to commit to anything.
The feeling of comfort and ease when talking with Willis was inviting enough for us to want to meet with Willis and Nancy, just to see firsthand if there was a connection and what working with them would look like.
And when we did meet for the first time, that feeling of comfort and ease was very evident. It was a unique experience for us to be able to sit down and get to know a financial planner (or a team of both Willis and Nancy) and not have any sales pressure on us. Just getting to know Willis and Nancy was important for us. We needed to be comfortable with them and see their competence in the business, and it was obvious that Willis and Nancy wanted to know us better so they could know how best to help us.
Once we decided to move our accounts over to Langford Financial, we found their process was comforting and refreshing as Willis and Nancy first worked at evaluating our complete situation. They dug down to get a complete picture of where we were at, where we wanted to be and how to get there. This took some reflection on our part but once we saw how they put it all together in our “Financial House In Order” binder, we were confident we made the right decision to go with Langford Financial.
Since the time we started working with Willis and Nancy I have attended many of their seminars and can say the information they have been teaching has been amazing. Always relevant, and consistent with their desire to help those coming up to retirement, and covering so many different situations as everyone has a different life situation. I know more than one of the tax-saving strategies they taught at their seminars will work for my wife and I, so we are very happy about that.
We would definitely recommend Langford Financial, not just for all your retirement planning needs, but they have great ideas on savings for your grandchildren too!
Paul and Elaine Radder

Paul & Elaine Radder
Long-term Clients

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