Try Before You Buy: How to Test-Drive Big Life Transitions
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Try Before You Buy: How to Test-Drive Big Life Transitions
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Major financial transitions don't have to be binary choices – testing your assumptions before making big moves can prevent costly mistakes and regrets. In this episode, Nick and Scott talk about test-driving potential life transitions to help guide your decisions.
• Looking at buying a home? Try setting aside the difference between rent and projected homeownership costs
• Practice living on expected retirement income while still employed
• Try extended stays in potential retirement locations during different seasons
Break down big transitions into small, actionable steps, and remember that major life goals often involve both financial and lifestyle adjustments.
Ready to learn more?
- Scott Frank on LinkedIn
- Stone Steps Financial
- Nick Covyeau on LinkedIn
- Swell Financial Partners
Leave us a question!
Money can be confusing—but it doesn’t have to be. When you’re able to understand the complexities, you can make better decisions to improve your daily life. Connect with us at Stone Steps Financial or Swell Financial Partners.