Episode 211: What Golf Teaches Us About Financial Planning

With warmer weather on the horizon, you might be ready to start thinking about spring and summer hobbies. Besides financial planning (and Chiefs football), David’s favorite thing is going golfing. On today’s show we talk about what we can learn about financial planning from the game of golf. From getting a “hole in one” when investing in the market to hearing from the caddie for advice, there’s plenty of parallels. Par for the course, we put a few puns in there as well!  

You’re always going to make mistakes, whether in golf or investing. But it’s a matter of focusing on your goals and learning from your mistakes. Understand what tools you have access to and how you can leverage those. Finally, make sure you have a wise sounding board as you navigate what’s ahead.  

Here’s what you’ll learn on today’s show:

• Getting a hole in one doesn’t make you the winner. (2:55)
• Certain golf clubs are more important than others. (9:30)
• The best golfers have a caddie. (16:32)

 

For additional resources or to contact David, visit us online at http://coveryourassetskc.com or call 913-317-1414.