Swipe Right: Choosing Your Financial Match

Today’s dating apps introduced the world to swiping right and, less positively, swiping left. With a few flicks of your finger, you can decide if the person you’re considering is the right match for you.

Matching your financial plan and coach is just as important, but when it comes to money management, many of us just swipe right without asking if an investment, savings plan, or retirement strategy fits our unique temperament and personality. And just like in dating, those who financially swipe right without considering the consequences sometimes stop swiping at all.

Swipe Right: Choosing Your Financial Match explains how important our emotional responses to financial decision making are. Finding the right financial plan—and the right financial coach—increases your chances of success.

Just as you have to know yourself to find the right profile on a dating site, you have to understand yourself before making financial commitments. This means considering past experiences, values, and personal beliefs. Otherwise, you’re just blindly swiping right and hoping for the best—a strategy that’s as ineffective in the world of personal finances as it is in dating.

Daniel A. Jack, JD, MBA, RICP(R), has worked in both commission and fee-based financial planning fields, including working as a wholesaler for Jackson National Life Distributors and as the west-central zone director for New York Life Insurance.

Jack served a term in the Kansas legislature and as the state securities commissioner. He now represents ONE Retirement, LLC. He has two daughters and volunteers as a children's puppeteer and Sunday School teacher.

Derek E. Woods, CFP(R), entered the world of financial services in 2000. A certified financial planner, Woods has extensive experience and has conducted educational presentations for clients, Fortune 500 companies, cultural markets, NAIFA, and financial professionals as well.

Woods lives in the great state of Colorado with his amazing wife and his two teenage sons.