Begin to create your financial and life legacy

Wise Money with Ron TheissenBy Ronald J. Theissen
Skygate Financial Group LLC 

Carve your name on hearts, not tombstones. A legacy is etched into the minds of others and the stories they share about you.  – Shannon L. Alder

The desire to leave a legacy may be the height of altruism for it is a gift to the future, the benefit of which you may never witness, nor ever feel its appreciation by others.

Creating your legacy does not happen overnight, and it doesn’t come without a strategy and hard work.

Your Framework

CREATE YOUR VISION: You should have an end in mind before you begin. Start by reflecting on what you value and care most about. Consider your passions and the unique skills you have. Your career and hobbies are good places to start. Be sure to ask your friends and family to weigh in. They may offer a perspective that you don’t see about yourself.

DETERMINE YOUR LEGACY: Think about the legacy you wish to leave and impact you want to make. A legacy can come in many colors. It can be financial, institutional, instructional or wish fulfillment, or the passing of values and life lessons.

DEVELOP A STRATEGY: A legacy will not happen without a blueprint and the persistent pursuit of your objective. A strategy can help you organize your efforts and keep you on the path that leads to success.

LIVE YOUR LEGACY:  A legacy is not only what you leave behind, but the impact you make on others while alive that they carry into the future. Be sure to live your values with your family, at work and in your community. Nothing is more likely to survive you than the impact on the lives you touch today.

Filed Under: Business & Personal FinanceWise Money

About the Author: Ronald J. Theissen, principal and financial advisor at Skygate Financial Group LLC, is a Certified Financial Planner and Certified Public Accountant with more than 30 years of diverse tax and financial planning experience.

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