Emotional sense over financial sense

<p><br></p><p><strong>Josh: </strong> Welcome to the making smart decisions podcast. This is Josh Tirado, and today we are covering things that don't make financial sense, but they make wonderful sense for you. So I'm calling this version this snippet emotional sense over financial sense.</p><p>[00:01:46] And this is going to be a brief storytime, but follow me on this for just a minute. Go with me. Here's my thought on this. We need to follow some rules that make financial sense to make you the most money to protect you. Take care of yourself. However, emotionally, they're not the best thing that's suited for you.</p><p>[00:02:08] They don't allow you to sleep at night. They don't make you feel comfortable. They're not good. And I'm going to buck the system a little bit and instead of saying, suck it up and do this and make it through the hard times. And. No, emotionally, your financial plan and investments have to make as much sense as it does financially.</p><p>[00:02:26] Otherwise, you're never going to be comfortable. You're never going to sleep well at night. You're not going to buy into it. And it's going to affect your relationship with your financial advisor, where you need to have trust and a two-way street. So let me tell you a couple of stories where I'm just going to illustrate the emotional sense of our financial sense and that this is how I work with my clients, that we have to be emotionally.</p><p>[00:02:47]Comfortable as well as financially comfortable. Okay. So the first client we're going to call him John that's because his name is actually John,  this is a real client on a phone call with John just a week ago. And John says to me, Hey, Josh, I'm thinking about contributing to my 401k.</p><p>[00:03:04] I haven't up to this point. I'm thinking about starting my 401k. Would that help me see, it's a good idea. And I'm just like, okay, hold on one second. Let me go back through my notes. Now when I was younger, I used to think, Oh, I have a great memory. You don't have to write anything d