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“What’s Your Story?” Event Recap Thumbnail

“What’s Your Story?” Event Recap

“What’s Your Story?” Event Recap

Lifeguard Wealth was pleased to host “What’s Your Story?” a presentation by wealth advisor and personal finance guru Tim Maurer in September. Managing Director Joe Delaney facilitated the event and could not have been more pleased with how it turned out.

Q: Set the scene for us. What was it like to be there?

Joe: The event was held at Terrapin Crossroads, one of San Rafael’s finest restaurants and live music venues made famous by owner Phil Lesh, once a member of the Grateful Dead. It was in the Living Room, a beautiful, comfortable space upstairs overlooking the water. There were appetizers and a full bar with fine wines. You could hear the music of a blues ensemble performing downstairs. It was very nice.

Q: What about Tim Maurer inspired you to invite him to this event?

Joe: He has a powerful story. In his teenage years, Tim suffered through a rebellious streak. One night after a long day of questionable decisions, he fell asleep behind the wheel driving home. His car careened over a steep embankment, where he was trapped for four hours before the paramedics extracted him with the Jaws of Life. He barely survived. Years later, this experience caused him to reflect on his life and center it on what he valued most, his family and experiences that make great memories. He decided he wanted to help others do the same. The conviction that our experiences shape our decisions in life and money was the inspiration for his tagline, “Personal finance is more personal than it is finance.”

Q: Did Tim’s story make you think about your own?

Joe: My first memory of money was when I was five or six years old. My mom was in the hospital. I wanted to give her flowers so I set up a lemonade stand to raise the money to buy them. She was very touched by that. I also thought about my father. I always appreciated his work ethic. He was a good role model for me and helped me understand the value of a dollar. He was very hard working, but put the family first.

Q: What was the biggest takeaway for you?

Joe: Tim started out with fill-in-the-blank prompts like, “The wealthy got that way by …” and, “Poor people are poor because …” and, “The relationship between love and money is …” which got a few laughs! It got people talking about how we all have different upbringings. Some inherit wealth, others are self-made, others come from poverty. These experiences shape our values and what we believe about money, what we do for and with it. Recognizing this makes us pause and ask ourselves, are we making good decisions about money? Are we living our lives to the fullest? I think I am, but there’s always room for improvement. I value being there for my family and creating experiences we will remember for the rest of our lives. Tim challenged us to walk away with an action plan; my actions are to be present more often and to continue to incorporate more experiences with family and friends into my life.  Because in the end, we will not remember the days but we will remember the moments.

Q: What do you want your clients to take away from this?

Joe: I want them to think about what it is they value the most. It’s part of striving to understand who my clients are and to be that financial lifeguard who keeps them on the right path. First we have to determine where their current path is leading. As the recently departed Yogi Berra famously said, “When you come to a fork in the road, take it.” The time to ask yourself where your story is going is now. If you’re not on the right path, what are you going to do about it?

Q: What did your guests think of the event?

A: People stuck around until the place closed, which I think was a testament to how great a time people had. One guest told me he found it very interesting and enjoyable, and another said he was very appreciative of the opportunity to reflect on his life and values. There was lively discussion. I’m sure everyone had a wonderful time, including Tim who told me, “It was a special privilege to enjoy some quality time with your clients, friends and family.”

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The opinions expressed by myself and other featured authors are their own and may not accurately reflect those of Lifeguard Wealth. This article is for general information only and is not intended to serve as specific financial, accounting or tax advice.

© 2018, Lifeguard Wealth