Most people are always cautious when it comes to spending because they don’t know what the future holds for them. They minimize their spending sprees because they want to have a fruitful retirement period. As such, most of their cash is in the savings account. Nevertheless, David Giertz, a prominent financial advisor says it’s possible to spend while saving. All you need is to ensure you create stability between the two. However, the question that pops up is how you can create this balance? According to David Giertz, discipline plays an important role when it comes to balancing between expenditure and saving.
If you want to achieve your retirement goals, learn how to spend wisely to ensure you have something left to save. For you to achieve this, you ought to have a budget. It’s quite a useful tool for a retiree who is afraid of spending their savings. With a budget, you can plan on what you have and know what amount should go to pleasure and entertainment. That will ease your worry as you can enjoy knowing you still have money left for emergencies. However, while it’s wise to invest, don’t invest all your money. Leave some for yourself just in case things don’t go as planned.
About David Giertz
Besides being a financial advisor for more than three decades, David Giertz is passionate about charitable initiatives. He has worked for many companies and has been an advisor and President of Nationwide Investment Services Corporation since 2013. Giertz is a broker with FINRA and previously served as President and VP of numerous large enterprises such as Nationwide Financial services. Besides, he has an impressive educational background. He holds an Executive MBA as well as a Bachelor of Science in Finance. David has been in the finance industry for over three decades. Therefore, his advice regarding retirement has been helpful to and significant in the industry. Overall, David Giertz is an expert when it comes to developing business and financial strategies.