Lamont Wealth Strategies’ Post

Do you love it when a plan comes together? Growing up, “The A-Team" was one of my favorite shows. In case you're unfamiliar with it, each week, a crew of misfit, former 'soldiers of fortune' would get involved in some crazy hijinks trying to help someone each week. No matter how chaotic things got, however, it always seemed to workout for them. Each episode ended with Hannibal’s (the leader) iconic line: “I love it when a plan comes together.” It got me thinking—financial planning is a lot like an “A-Team” mission. The success lies in the plan and the process, not just in the tools you have at your disposal. When we get started with new clients, many want begin with questions about financial products and strategies. But when I ask, “Do you have a clear plan?” there’s often silence. And that’s where we need to start. Here’s the thing: ↳A thoughtful financial plan is your roadmap, just like an “A-Team” mission plan. It sets your goals and milestones. And once that plan is in place, a defined process ensures you stay on track—even when life throws a curveball. Think of products as the tools that help execute the plan... not the plan itself. So, as we kick off another week, take a moment to think about your financial journey. » Do you have a clear plan and a process to achieve your goals, or are you diving in without a strategy? 👇 Comment below with your thoughts—I’d love to hear them! ──── I'm Jeffery, your wealth advisor specializing in lawyers’ financial success. 🔗 Let’s connect for a Virtual Coffee Chat ☕️ to create your plan to become a Wealthy Lawyer—just like Hannibal, we’ll make sure your plan comes together!

Are you a Saver or a Spender? 🤔 This question often catches people off guard when I ask it during our initial Virtual Coffee Chat. But it’s an important one because understanding whether you’re a natural saver or spender is crucial to building a financial plan that works for you. This isn’t about labeling or limiting yourself—far from it. It’s about harnessing your financial habits to your advantage: 💰 Savers ↳You’re likely to have a solid safety net, but could you be missing out on opportunities for your money to grow? 💳 Spenders ↳Your zest for life is unmatched, but are you balancing enjoying the present with securing your future? Here’s where I differ from most advisors: 🔹 I believe financial planning isn’t about changing who you are. 🔹 It’s about creating a strategy that reflects your personality while meeting your long-term goals. 🔹 For savers, this might mean exploring investment opportunities that align with your risk tolerance, allowing your money to work harder for you. 🔹 For spenders, it’s about finding a balance between enjoying life now and securing your financial future (yes, it CAN be done 😉). Imagine a plan where: ➜ Saving feels just as good as spending ➜ Spending doesn’t come with guilt because it’s part of a well-thought-out plan That’s the power of personalized financial planning. » Which one are you? Let me know in the comments below!👇 ──── I'm Jeffery, your wealth advisor specializing in lawyers’ financial success. Let’s connect for a Virtual Coffee Chat ☕️ to discuss how you can harness your financial habits to become a Wealthy Lawyer. #FinancialPlanning #Saving #WealthManagement #Lawyers #LamontWealth

They say comparison is the thief of joy—but could it also be stealing your wealth? It’s easy to look at other lawyers who seem to have it all—expensive cars, big houses, exotic vacations—and think that if you had what they have, your financial worries would be over. But this kind of thinking can be problematic for two reasons. ➜ It’s misleading. Just because someone appears wealthy doesn’t mean they are. What you often see is the result of lifestyle creep—when rising income leads to increasing spending on luxuries rather than building true wealth. Copying someone else’s spending habits won’t solve your financial problems; it might even make them worse. ➜ It distracts you from what really matters. Fixating on the appearance of wealth can pull you away from what’s truly important: building financial security. Instead of investing in your future, you may end up spending to keep up with others, leaving you further from your goals. So, what’s the alternative? Focus on what you need to do today to build real wealth. Keep setting smart financial goals, making sound investment decisions, and protecting your income and lifestyle. Seek out inspiration from those who’ve built lasting wealth, not just a flashy image. Let their success fuel your motivation, not distract you from your journey. Remember, financial planning isn’t about looking rich; it’s about being wealthy. True financial success is defined by your progress toward lasting security and freedom, not by how you compare to others. You’ve got this! ──── I'm Jeffery, your wealth advisor specializing in lawyers’ financial success. Ready to take control of your financial future? 🔗 Let’s connect for a Virtual Coffee Chat ☕️ and explore how we can take the first step toward building real wealth. Don’t wait—your future starts with one conversation today! #FinancialPlanning #FinancialIndependence #WealthManagement #LawyersFinancialFreedom #LamontWealth