Persons behind a good cricket team

IPL has just started and half of us are just waiting to home and watch the cricket match. You must be wondering why a financial planner is talking about cricket. Both cricket and Money has a lots on common. Yes, you can see it, most of the players are paid handsomely for it. But how did they reach that stage, it is not only because of their individual performance but also because of the team performance. If a player plays well but the team does not, the player hardly gets recognized.

The team just does not win by the players going and playing, they have a full-fledged coaching staff. The coaching staff works with the team to get the best out of the team to ensure the team wins. To win with money too, you have to have the right people around you to get the best for you and caution you when your money is not performing.

Let us look at each of the coaches and see how they help the team.

Head Coach – You are the head coach, it is your money and you need to call the shots. You have to take the decisions, so if you make the money you get credit, but if you lose you have nobody else but yourself to blame. All games are first played on the drawing board in the dressing room first. Therefore you need to have a good game plan for your money.

Batting Coach – He would be your financial planner, who helps you decide when, what and where to invest. If you have a weakness, i.e. debt, how to take care of debt. Whatever the situation or goal, saving for a contingency or investing for retirement, he helps you to handle your finances.

Bowling Coach – Here insurance agent would be helping you, to take care of all your risks, i.e. health, car, home and life. Once you have a strong bowling coach, half your worries would be over. As all your eventualities would be taken care of.

Fielding Coach – These are the same players who do either bowling or batting, but then they need to field well as well and they need to be trained. This person should be more like a counsellor or priest, who would help you get through emotionally. As money is more of an emotional subject for a lot of people, there are problems when you have it and even when you don’t have it. Markets keep going up and down, in such circumstances you would either feel high or low, talk to your financial advisor.

Fitness Coach – This person’s job is to ensure that you are fit to get your job done. In finance, this person is more of the financial product distributor. He does all your investments as per the plan.

If you notice that in some teams one person takes care of all the above jobs with the help of assistance, in other cases, you need multiple specialist. So depending on what you want and what if your aim, choose the right persons to achieve your financial goals.

Choose your coaches properly, just as you spend time choosing players (just as you choose your job or business) and ensure financial success. Enjoy IPL.