Where do we turn during a time when there seems to be no hope? What were we taught growing up about money and the financial market? What financial belief system if any at all did our parents give us? It's usually during the challenging times that we find out what kind of foundation we have built our life on. Does financial faith reign or will low self-esteem take over?

4sight Financial bases its philosophy on the four archetypes of our Prosperity Pyramid, Positive Financial Attitude (P.F.A), Create Financial Goals (C.F.G), Daily Expense Recording (D.E.R), and Put Yourself First (P.Y.F). These will lead you to your own sustainability to push through the moments when you feel like there is no hope. This is our way of truly serving our clients by simplifying information to a point where you are financially empowered with knowledge and tools.

Many of us are missing the tools and strategies to rebuild from a financial loss. The idea of throwing in the towel becomes prevalent in our mind on a daily basis and there seems to be no escape. While the media constantly feeds us the negatives concerning our economy there has been minimal information on how to prepare and protect ourselves or even how to get a handle on our finances during this down time. We are continually bombarded with advertisements from various companies encouraging us to spend. This is what got us in this predicament in the first place. Ironically, these same companies are downsizing and laying off their workforce which perpetuates the economic problem they want us to solve. The truth is that there needs to be a financial balance between the amounts of money going in and out of a household to prevent cash flow difficulties. This balance is something we were not taught in our school system but is part of everyone's daily routine whether we want it to be or not. Every day we stand at a counter to purchase items. On what do we base our logics behind that purchase, cold hard facts or emotion? I would say most of our population justifies their spending based on a need which is emotional instead of a want which is more logical. In other words, we are persuaded by society to emotionally spend first and to create family wealth last.

The real question is how do you pay yourself first and have something leftover to take care of your needs and your wants? Your true financial power lies within this question. Imagine being able to build your financial dynasty during the most challenging economic times. If this became a possibility then take your thinking even further to when the economy takes an upturn. You would be fully prepared to ride the financial wave to your own personal success. Most important at all times is your financial mindset and planning ahead. Maintaining a positively financially charged way of thinking will guide you through the financial storms and help you see the peaceful weather to come.

Article by Garen Lewis