How #Golf Can Improve Your Finances

What do golf, financial planning, and life, in general, have in common?

In golf, just as in wealth management, you should create a game plan, says financial advisor Altair M. Gobo in his book, "Getting to the Green." Not many of us do.

From setting realistic expectations to "risk vs. reward (or return)", the proper strategy is the first step to shooting a good score in golf and flourishing along life's bumpy road.

"People don't plan to fail, they fail to plan," mentions Gobo with regards to wealth. Although you may have heard this cliche a thousand times, golf mimics life. With reference to the 18 holes (or 9, depending on which you play that day), you have to look at both the big picture and each individual hole as a journey. 

What is your game plan?

In both your finances and in your golf game, look at where you are starting from, "where you want to be down the road (short, mid and long-term or, as in golf, hole-by-hole) and what strategies you will develop to get there."

As a golfer, here are a few tips from "Getting to the Green" to help plan your path:

Know Your Strengths and Limitations - In golf, you know how far you hit the ball, and where your strengths lie. The same should happen with what you are willing to invest - set realistic expectations with the money you have.

Work with a Pro - Golf for Beginners always stresses the importance of taking lessons from qualified PGA professionals and the same goes for your wealth strategy. A financial advisor can help you "assess your situation, look at where you are today, where you want to be down the road and develop strategies that work for you."

Stay patient - Gary Player's tip? "A good golfer has the determination to win and the patience to wait for the breaks." Wait for the right opportunity to make your moves.

If you are a golfer (and you probably are if you are reading this blog), "Getting to the Green" is an enjoyable and straightforward read - the book offers financial advice to amateurs in an intelligible manner.

Comments welcomed below on this golf blog and on Twitter @Golf4Beginners.

Five Questions You Need to Ask Your #Golf Instructor

You head to the driving range every week or so with your golf instructor and receive valuable tips and drills on the swing, on course management and more but how does that information translate when you're out with your foursome during a round?

So you can recognize and correct mental and physical blips when your instructor is not with you, here are a few really good questions to ask your pro compiled by Golf for Beginners.

Your instructor should be able to provide you with mental keys for each of the five situations below. We have started you off with a few quick golf tips and suggest you make your own list based upon your weaknesses.

How do I correct my aim when I start to pull or push the ball on the golf course?

Dr. Jim Suttie, 2000 National PGA Teacher of the Year suggests, "If you are a puller, go ahead and close up your stance a little, and you will immediately hit it better. Also, check the lie angles of your irons. They may be too upright if you are pulling a lot of short irons."

How do I stop topping (or chunking/hitting behind) the golf ball?

Tom Stickney, PGA Instructor's quick fix for a topped shot: "To cure the topped shot in a hurry, imagine you’re hitting two golf balls at the same time. The first is where you normally tee it up. The second is a few inches in front toward the target. By concentrating on the second ball, you’ll be more inclined to make a sweeping motion through the first ball, thus preventing the topped shot." Golf Tips Magazine

How do I stop a downward mental spiral?

Betsy Shoenfelt, Ph.D. suggests you replace negative self-talk with positive affirmations, 

"Positive self-talk focuses on what you can do, what is right about this situation. Tell yourself - This is a difficult shot, but I can make it. I don’t like this lie but I can deal with it. This is not fair, but life is not fair and I can deal with it."

How can I stop the yips on the green?

"The yips are a fear," caused by stress and all in your mind says Golfsmind.com. Best way to cure them if they start to appear on course? "Control your breathing. Start breathing deeply, in and out regularly....Take a deep breath in, hold it for a second, let it go with a sigh. All of your muscles relax instantly."

How do I remain focused on my shot?

Golf course maintenance crew mowing the lawns, change jingling around in your playing partner's pocket and more are distractions which the average golfer may, or may not, brush off while taking a shot. This is all part of the mental game of golf.

Take a tip from PGA Tour golfers; 

Create a specific pre-shot routine and follow it.

Keep your mind focused on your golf ball in front of you.

Take a nice deep breath walking to your ball and visualize your shot.

One more deep breath before you take your swing.

Walk to your next shot with confidence and enjoy the scenery.

Easier than it sounds but focus comes with practice.

Remember that your golf instructor is your link to playing better golf. Just like going to the doctor, if you tell them the problems you are having with your game, they will help figure out solutions!

Voice your opinions below on our golf blog and through Twitter on @Golf4Beginners!

Photo credits: wikimedia.org, womenoncourse.com

What Women Can Learn From Men About #Golf - Guest Blog

Golf for Beginners kicks off the New Year with an article from guest blogger and golf instructor Maria Palozola (see bio below). Although I asked Maria if, when she was writing this blog, to offer a bit of golf advice as to what men could learn from the fairer sex, she chose to stick with the title theme.

I think male golfers can learn patience, how to swing easier and how to play safe to hit more fairways and greens. What are your thoughts?

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What Women Can Learn from Men When it Comes to Golf - by Maria Palozola

When people ask me if I teach men I often reply that if I didn't, I wouldn't be in business. The bulk of my business is, and always has been, male clients. It's men that keep this great game going, because they not only play more, they do what they can to better their games.

Do Men Really Do It Better?

Through my twenty years of teaching both sexes, I have been able to decipher quite a few differences in how men and women approach game improvement and I truly believe there are several things that men do better:


1. Men Tinker - This is a blessing and a curse.  Men try new things with their swing and experiment with different clubs in search of "the secret."  This can make consistency difficult to develop, but it also opens their minds to change and the possibility of hitting on something that works.

2. Men Spend Money on Themselves - Men reading this are going "yeah right, all my wife does is spend money", but it's really not true in golf.  I see more women with outdated clubs than I can count and I hardly ever see them with things such as training aids, the latest and greatest driver, nice rain gear or range finders.

3. Men Get Custom Fit Equipment - It's rare if I get a female that comes out for a lesson and has a custom fit clubs.  The  majority are playing hand me downs or just picked up a set off the rack.  Most think they aren't good enough for or don't deserve a nice custom fit set.

4. Men Practice More - If there are twenty people on the driving range at a given time, eighteen or nineteen of them are men.  They are putting in the time because they know it's important and want to get better.  They are also confident that they will figure it out somehow.

5. Men Play More - I have played many rounds in my life where I looked across the golf course and saw that I was the only female in sight.  Quite often it's on a Friday afternoon where men have skipped out after lunch to play.  Women should learn from this.

6. Men Take Lessons - Men aren't hesitant about spending money on something they know will help them improve their games quickly. They are also used to being coached from youth sports.

7. Men Gamble - There's no better way to put pressure on yourself than to put some money on the line.  Women can learn to improve their focus and control their nerves by having a little fun and placing some side bets.

8. Men Track Stats - I have never had a woman come to a first lesson and tell me that she tracks her stats.  I know from MyGolfInstructor.com and our Game Tracker, that tracking stats is not only easy once you get the hang of it, but that it is a necessity if you want to really know your game, pinpoint your weaknesses and knock strokes off your score the fastest way possible.

What's Your Golf Game Plan? 

For women, it's not rocket science, you just need a game plan. You don't have to tackle everything on the list at once and I understand time and money may be an issue.  I recommend that you put the list in the order that is most feasible for you and work your way down checking off one item at a time.  After you have covered all 8 you can rest assure you are doing what you can to lower your scores and enjoy the game.  Now man up and get busy!

Maria Palozola Bio:

Maria Palozola has been a leading golf instructor for over twenty years.

She has been a Top-50 Instructor with the LPGA since 2008 and is currently listed as a Golf Digest Top-Five Teacher in the State. Maria offers private golf lessons in the St. Louis area at http://www.stlouisgolflessons.com and offers online instruction at http://www.mygolfinstructor.com.

Ask Maria questions about golf on Twitter @MariaPalozola and on her Facebook page. As always, voice your opinions on our Golf for Beginners blog and on Twitter @Golf4Beginners!