h Leadership would like to introduce Personal Finance expert, Lane Andrews Jr. Lane joins the h team with over 10 years of experience in personal finance. Lane holds a Chartered Retirement Planning Counselor (CRPC) and a Chartered Retirement Plans Specialist (CRPS) designation from the College of Financial Planning. He earned an undergraduate degree from Ball State University in 1999 and MBA from the University of Florida in 2005.
I created the Future Value of Now with two primary purposes. First, is to fill a gap in the educational system that is essential to life… money! The second purpose is to introduce the fundamentals of finance to educate and encourage athletes, parents, and coaches to better prepare for life after sport. Schools tend to underemphasize the practical points of financial education (credit cards, bank accounts, savings etc.) and families typically do not possess the financial knowledge and rarely discuss the importance of sound money management. This is why the Future Value of Now has been designed!
Money does not buy happiness, but poor financial management can lead to a lifetime of stress and frustration. An article that I recently read stated “75% of divorced couples cited financial problems as the primary reason for the demise of their marriage!” The lack of financial responsibility isn’t just a problem it’s an epidemic.
Poor financial management has a negative effect on happiness because it creates an imbalance that leaks over into other areas of life. Divorce is just one of many tragedies related to money. Money problems will affect your performance in college, at work, and your personal relationships. In fact, most employers use your credit report (a measure of your financial responsibility) when making hiring decisions.
Money decisions and life happiness are directly connected. As in life, the decisions your make with money don’t just add up, they compound! These decisions are like the snowball rolling down the hill, with every rotation it picks up more snow.
The Future Value of Now program will empower and enlighten individuals on topics that are necessary for success. The program is designed to educate the sports community on the importance of fiscal opportunities and responsibility.
Future Value of Now uses sport and life analogies that relate to financial decisions. It doesn’t take a genius to be successful with money; it takes discipline!
Welcome to h Finance: The Future Value of Now!
- Lane Andrews Jr.