A little less conversation ?…
Priscilla was presumably one of the few people that said “no” to Elvis. A recent film (Elvis and Nixon) reflected (how accurately it is unclear – “based on true events”) some of the excesses and delusions that Elvis suffered. In this story he asks Nixon to make him a spy or Federal Agent. It would appear that his persuasive powers and charm secured him such a status, however nominal.
What has this got to do with financial planning? Well, Elvis is perhaps a more extreme example, but his experience is common to celebrities, who are often surrounded by people who rarely, if ever, appear to question, challenge or oppose some of the decisions being made. We can all think of examples of albums, books, performances or appearances, where the celebrity in question really should have said “no” and it appears that nobody else, those closest, said as much. I very much doubt that being a celebrity is all its cracked up to be, in fact I’m fairly sure it is a lonely and rather uncomfortable status. Yet we are all prone to blindness. We all wrestle with denial of reality.
I believe that a great financial planner, does not simply help you to secure your future, but also acts as a reality check, someone to challenge your assumptions and plans without envy or malice. Without this, presumably only friends and family have such proximity to be able to serve a similar purpose, but is that really likely? Or even fair? You may be surprised to learn how often I am with couples who at some point in our meeting say “you never told me that… I didn’t know you wanted to do that… this is the first time I have heard you express that”.
Of course others may be able to provide some form of counsel, I’d suggest that was healthy, but a financial planner, has a unique collection of hard and soft “facts” about you to provide a far better opportunity for you to grapple with the building a future based upon who you really are and who you wish to be. We all have talents, but sometimes our abilities in one area of our lives fool us into thinking we can handle others that appear “easy”. This is not the sole preserve of celebrity. We all have versions of ourselves, but an honest reflection without judgement is a value that may well be priceless.
As for the movie, well if it is true, its unbelievable… (but I enjoyed it) so here’s the trailer.
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