Train Your Way to Financial Fitness

What’s your FINANCIAL FITNESS PROFILE?

After accomplishing her own successful weight loss journey, financial planner Shannon McLay realized that while there are a number of resources available to people who want to become physically fit, there are far fewer for those looking to become financially fit. Many personal finance books tend to put the cart before the horse when it comes to financial planning, prompting McLay to ask, “How can you discuss retirement or investment options, when you don’t have any money to begin with?”

Most people don’t even know what financial fitness looks like, let alone how to achieve it. We can measure and weigh ourselves to quantify physical health, but how do we evaluate our financial health? McLay, an advisor who works everyday with individuals on their financial health, has created an innovative quiz to help you learn whether you’re “financially skinny,” financially fat,” or “financially fit.” From there, she provides exercises and advice to help you achieve, or sustain, a financially fit lifestyle.

As with physical health and fitness, financial fitness is a goal that anyone can achieve. The journey is very similar: you need a plan and the right tools to accomplish your goals. This book will give you the resources you need along your journey to financial fitness, all you have to do is follow it just like any other training.

While pursuing her career in wealth management for corporate and retail clients, Shannon McLay realized that many of her colleagues focused solely on providing strategies to grow their clients’ nest eggs. Well, she asked, what if you don’t have a nest egg? What if what you need is to figure out how to pay off your student loans, save up for a home, or simply stop living paycheck to paycheck? This “next generation” of clients needed guidance on their specific issues from an advisor who could relate to them on a personal level and teach them how to make wise financial decisions—not just for long-term investments, but for practical, everyday life situations. So, McLay established Next-Gen Financial, her firm that guides, encourages, and motivates clients to make the best decisions to achieve their financial goals.