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Plan? What plan?! Life In Numbers Blog

Wow, 7,646 of you have read this.
Welcome to my new blog “Life in Numbers”.

As this is my first one, I thought I’d start by not talking numbers, and talk instead about why financial planning is important, and why you might want to make it an ongoing part of your life.

Let me ask you a few questions…..do you know what year your mortgage is due to be paid off? Will you still be working then, or retired? How does this fit in with your childrens’ lives, (if you have any)? Will you still be paying school fees, or funding them through Uni, or helping them get their foot on the property ladder?

Saving and investing with a “purpose” in mind can be a satisfying experience, and can make you feel more in control of your own destiny than just leaving things to see how they play out. You can’t beat having a good plan !

I’m sure you all have a business plan, either within your corporate role or for your own business. Hopefully it’s quite detailed for the next 12 months, and you have clear objectives, goals, strategies and measures within it. Maybe it projects out 3 or even 5 years…….

So why not apply that approach to your own life, and have a plan that projects out 10, 20, even 30 years? Some of you probably have a plan in your mind, but to coin a phrase “money makes the world go round” ! How can you be sure that you can afford to fund your goals, objectives and priorities in future?

Rather than thinking “it’ll be alright when I get there” or “I’ll just live within my means once I’ve stopped working” or “we’ll muddle through somehow” – why not have a financial plan that is designed to support the achievement of yours and your family’s goals and priorities ?

Of course it will probably need to change at some point, and life may throw some curve balls at you. But if you have the foundation of a sound yet flexible financial plan, it can be adapted as your circumstances evolve, and also as legislation changes. This can take away a lot of stress and uncertainty about the future, and help you look forward with confidence.

Saving and investing with a “purpose” in mind can be a satisfying experience, and can make you feel more in control of your own destiny than just leaving things to see how they play out. You can’t beat having a good plan !

So if up until now you’ve thought of financial advice as something you need every now and again when you come into some money, or you want to move house, try thinking of it alongside the other long-term relationships that are important in your life – your doctor, your dentist, your beautician, your hairdresser, your life coach, your physiotherapist….whoever it is that is a regular and fundamental part of your wellbeing and your life.

Why shouldn’t your financial planner be the same ?

To receive a complimentary guide covering Wealth Management, Retirement Planning or Inheritance Tax Planning, please contact Amanda Redman on 07801 045587, email [email protected] or visit www.amandaredmanfp.co.uk

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