Let’s face it: Money is complicated, especially when you are successful. As the rapper The Notorious B.I.G famously declared “Mo Money, Mo Problems.”
For those of us who listened to Biggie in our youth and are now mature, successful adults (whew!), Biggie’s words are now resonating with us at a whole new level.
“Mo money” provides more opportunities for our lives and loved ones. That’s the exciting part of financial success! But it also provides a need to make critical decisions to protect your success.
Do you remember your mindset at the beginning of your career? Sure, you believed that more money and status would improve your life and that you would worry less if you had more money. You were saving and investing because you knew it was the right thing to do.
But now life is different. You have more than you imagined and you want to know for certain that you are managing it wisely. Now you have a mortgage, a family, and maybe a business and a couple of real estate LLCs. You may be wondering if your financial life has gotten too complex and you need professional help. Now the words of Biggie Smalls are hitting you just as hard as the bass beats in his songs. “Mo Money” is causing “Mo Problems.”