đź‘‹ Welcome to The Get Ready Movement Newsletter
Each week, I share what’s catching my attention in the world of financial literacy—from trends and tools to the people reshaping how we teach, talk about, and take action around money. Whether you're a financial educator, advisor, or someone who just wants to stay informed, here’s what I think matters this week.
10 Things I Think (About Money, Life & What’s Next)
1. One Thing to Share This Week: Week 24: Review Your Investment Policy Statement
đź“Ś Action: An Investment Policy Statement is your roadmap to managing your investment portfolio with clarity and consistency.
💠Tony’s Take: Your Investment Policy Statement can help you transition from being an investment collector to an organized investor. Being organized will keep you focused on the big picture.
2. Strategy of the week:
💡 Here’s what works: Review (or create) your Investment Policy Statement worksheet.
📉 Here are the seven steps:
Step 1: Define Your Objectives.
Step 2: Outline Your Investment Strategy.
Step 3: Identify Your Risk Tolerance.
Step 4: Set Your Asset Allocation Limits.
Step 5: Investment Selection Criteria.
Step 6: Document Your Current Investments.
Step 7: Review and Rebalance.
💠Tony’s Take: Creating an investment policy statement helps you decide whether a particular investment fits your plan, rather than deciding whether or not to make an investment in a vacuum. Goals first, product second.
3. Big Question to Ask
âť“Do your investments align with your Investment Policy Statement?
💠Tony’s Take: Your investments and overall financial life should align with your goals, mindset and values.
4. Women Should Feel Empowered With Their Money
🔹 How women can feel comfortable with money.
🔹 Why are there so few women in financial services (only 24% of CFP’s are women).
🔹 Women should look for someone who’s going to guide and teach.
💠Tony’s Take: We need to change the way we think about women and wealth.
🎙️ With Cary Carbonaro on The Get Ready Money Podcast. Check it out (here)
5. Unlocking Wellness: How Embracing Your Financial Behavior Leads to a Healthier, Stress-Free Life
Wellness isn’t just about physical fitness—it’s a holistic state that includes mental, emotional, and financial health.
💠Tony’s Take: Money is a part of our longevity plan. We also need to have a plan for our health, so we can enjoy our later years.
đź“– By Hugh Massie and Leon Morales for the Sassy Septuagenarian presented by Keena Pettijohn. Read on (LinkedIn).
6. The Human Side of Retirement with Dan Haylett and Brendan Frazier on the Human Side of Money podcast.
- The importance of understanding the emotional aspects of retirement (Part 1)
- Mastering the skill of spending money in retirement and creating intentional spending habits to smooth the transition (part 2)
💠Tony’s Take: Retirement requires a mindset shift to transition from saving to spending.
🎙️ Dan Haylett and Brendan Frazier on the Human Side of Money Podcast. Listen to (Part 1)(Part 2)
7. Simplifying Your Investment Strategy
Simplify and reduce the number of moving parts in your plan. Your investment portfolio doesn’t have to be complicated to be successful.
💠Tony’s Take: Being an investment minimalist can improve your financial life.
🎙️ With Christine Benz on The Get Ready Money Podcast (from the archives). Check it out (here)
8. Scam Proof Your Money
Scams are more sophisticated—and personal—than ever before. Education and skepticism are your best defenses. Simple steps can dramatically reduce your risk.
💠Tony’s Take: Be curious, ask questions, do research and stay alert can help you avoid being scammed.
🎙️ Dave Hatter and Christine Luken on the Money is Emotional Podcast. Watch on (YouTube).
9. Should You Financially Support Your Adult Children?
Think about how your finances will be impacted if you have a recent graduate who wants you to keep the Bank of Mom and Dad open.
💠Tony’s Take: There is no right or wrong answer. Balance generosity with helping your them become self-sufficient along with your own goals. Give your children, whatever the age, the gift of financial literacy.
đź“– By Cameron Huddleston. Read (here).
10. The Grief-ready Advisor: Building Trust and Loyalty with Your Clients Before, During, and After Loss.
Strategies to build meaningful relationships with women, encouraging their active engagement in financial conversations early and often—so they feel supported and valued before, during, and after a loss.
💠Tony’s Take: It’s important to understand how to communicate with women who are suddenly single - whether they are divorced or widowed.
🎤 Webinar with Arleny Abad and Kathi Balasek presented by eMoney on July 10th at 2pm ET. Learn more (here).
🚀 Bonus: 5 Quick Hits:
- The Importance of Including College in Your Divorce Agreement with Vicki Vollweiler and Jackie Pilasoff on The Divorced Girl Smiling Podcast (Apple Podcasts)
- Women Will Soon Control the Financial Landscape - But Is the Financial Services Industry Ready? Eric Blake on The Simply Retirement Podcast (listen here)
- Warren Buffett’s Top 10 Lessons for Compounding Quality. Read (here).
- Five mind-blowing market facts...that will make you a better investor by Callie Cox for the OptimistiCallie blog (read here).
- AdvisorSmart for the Individual Investor: Your Guide to Selecting a Financial Advisor to Get Better Financial Advice by David Bromelkamp (Amazon)
đź“… Important Date:
- June 30th is the federal deadline to file the Free Application for Federal Student Aid. Check state and school deadlines as they may differ.
đź“‚ Member Resources This Week
Access resources for this week’s action item (#24) from your dashboard (Monthly Focus Area 6: Strategy Review):
- The Get Ready Blueprint week 24 worksheet where you’ll review (or create) your Investment Policy Statement worksheet and where you can enter details for your goals, investment strategy, risk tolerance, asset allocation, investment criteria, investment balances and rebalancing guideline.
- Chat with Tony AI and get personalized answers to your money questions and this week’s action item (includes all of my content).
Access Your Get Ready Resources here
Note: Available to all members of The Get Ready Movement.
Support The Get Ready Movement here.
Support the Get Ready Movement
đź“ť Final Thought
Reviewing your Investment Policy Statement will keep you focused on the big picture, so you can easily see how everything is working and if adjustments are needed.
Thanks for being part of the Get Ready movement.
Please help spread the word by sharing this newsletter.
Let’s keep changing the way we think - and talk- about money.
– Tony
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