04/23/2026
When I was a math teacher, I explained everything with a sports analogy. And it turns out, you can take the lady out of the classroom, but you can’t take the classroom out of the lady. Here’s one that might change the way you think about your money.
Can you imagine a basketball coach who only helped players with three-point shooting? And only got paid based on three-point percentage? We can all agree that's absurd. In the financial world, this is the equivalent of a "financial advisor" who only manages your investments. Also absurd.
I only played basketball through freshman year of high school. The moment I instinctively slide tackled someone at halfcourt, I knew it was time to be monogamous with soccer. But during those glory years, I could hit a three. My follow-through was chef's kiss. Everything else? Pretty basic. And that's where a good coach would have come in. No coach worth their whistle would only work with you on the one thing you were already decent at and ignore the rest of your game.
A good coach helps you with all of it, from the boring basics of bounce passes and layups, to the more glamorous three-point shot. The same goes for a financial advisor: budgeting, saving, and insurance should be just as important as your investment portfolio. The whole game.
But too many advisors operate like that one-dimensional coach. They say, "come to me when you have $500,000 ready to invest" or "master the basics on your own first, then I'll help you." There are real structural reasons for this approach (a conversation for another day), and this approach is absolutely the right fit for some people, but the problem is that it's so pervasive, you might think it's the only kind of coaching that exists. Then you're left feeling like you're not ready for help, or you get that narrow support and the rest of your game stays stagnant.
If you want to play the long game, you need a coach who sees the whole court and understands that the open 3 only comes once you’ve mastered the pick and roll.
What kind of coach do you have? Because if the answer is 'none' or 'just someone managing my investments,' you might have more game than you realize.