Tag: financial planning

Financial Planning truths – and what cute puppies can teach us

Financial Planning truths – and what cute puppies can teach us

We are all suffering from various degrees of shell shock now that the ‘New Reality’ has sunk in a bit. We’ve come to realise that nothing about it is, or will be, ‘normal’ again. You will be forgiven for feeling alone in this. It is easy to shut down and scroll Facebook endlessly, alternating between doom scrolling and searching for pictures of cute puppies.

Couples’ Finance – Shared vs. Separate Finances

couples-financeArguments over money are one of the most common sources of tension in most relationships. Whether both partners work and earn similar incomes or one partner pays the bulk of the household expenses, discussing household finances and deciding on a joint financial plan is key – but how should you handle your joint income? Continue reading “Couples’ Finance – Shared vs. Separate Finances”

Disability Cover beyond Retirement? It Exists!

insurance disability cover after retirementMany insurance companies offer policies that will pay out a lump sum in the event of disability. These policies are an essential part of everyone’s financial planning strategy, providing crucial funds that can be used to settle any outstanding debts you may have in the unfortunate event that you become disabled and unable to work. Once your debts are settled, the balance of the lump sum payment could be invested to provide an income to cover your monthly expenses.

Continue reading “Disability Cover beyond Retirement? It Exists!”

The 6 Steps of Financial Planning

financial planningOne of the most important tools in ensuring wealth creation during the course of your working life is the process of financial planning. Most people work hard toward certain goals in life, focussing a great deal of energy on their careers and families. Unfortunately, with the pressures of work and the responsibilities of family life, few people have the time and expertise to plan their finances precisely.

Financial planners are trained to assist you with a variety of important decisions and strategies that are designed to maximise wealth creation and help you to plan for costly life events such as purchasing property and motor vehicles, sending your children to school and university, and of course planning for your retirement. They also specialise in estate planning, tax advice, and can assist you in managing your small business to maximise your wealth. Continue reading “The 6 Steps of Financial Planning”