Active Vs Latent needs… are you only 10% fulfilled?
How often do you go to the doctor when you are feeling well? If you are like the majority of us, you typically only make an appointment when you are feeling sick or unhealthy. Often times, during the time when we feel like our bodies are operating in a healthy way, there are latent health issues that are still there, they are just unknown to us. Or, they are medical needs that are viewed more as a nuisance than an active medical problem that requires immediate attention. These latent medical needs are usually not recognized or solved until we have a more active medical need that brings us into the doctor.
In our finances, much like with our bodies and health, we can have latent financial needs that can cause us to have more financial stress than is necessary. We tend to deal with about 10% of our financial needs as an active need and most times completely ignore the 90% of latent financial needs.
These latent needs are issues that if left unaddressed will make a significant impact on your financial wellbeing. By solving them, you are providing yourself with a more secure and satisfying financial future.
The most common latent needs:
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