Under the title of 'Ties are optional', Les Conway shares his thoughts about what’s going on in the World and how it can affect and impact your lifestyle and finances.  Feel free to sign up here to subscribe to receive.

There are only two basic emotions

Posted by siteadmin on Wednesday 8th of June 2022

Imagine for a moment there are only two basic human emotions of contentment and fear. As far as our biology is concerned, this can be considered true, where all our other feelings and emotions fall under one or other of these.

In essence, people want to experience more contentment and less fear.

We all have our own unique language for this. But as examples, we want to move away from worry, anxiety and insecurity and move towards joy, happiness and peace of mind.
In lifestyle financial planning terms.

I often give the analogy to the TV progra...

Taking a leap of faith

Posted by siteadmin on Wednesday 4th of May 2022

Rarely as human beings are we comfortable in taking too much of a risk. Unless it’s a risk that we feel that we’ve reasonably researched, assessed and measured. At least to the best of our ability and capability. And where we have some understanding of the probable pros and cons.
Imagine that you’re beside a swimming pool on holiday, where the sun is beating down, it’s very pleasantly warm and where you want jump in to cool down. Or you’re on a boat somewhere in the Mediterranean and you want leap into the crystal clear sea.
You’re all up fo...

Keeping on track

Posted by siteadmin on Wednesday 6th of April 2022

With 2022 being my 60th year on planet earth, I’m undertaking what I’m referring to as my Challenge60 Quadrathlon. It’s a series of sporting challenges being completed over the coming months and totals 100 kilometres, circa 60 miles. Additionally, I’m raising much needed funds for
If you want to find out more, just click on support and all donations will be gratefully received and faithfully applied.
At the time of writing, the first of these four challenges i...

Our dreams can come true... if we have the courage to pursue them

Posted by siteadmin on Wednesday 2nd of March 2022

Vichai Srivaddhanaprabha was a Thai billionaire businessman and the founder, owner and chairman of King Power Duty Free. He was also the owner of the Premier League football club, Leicester City from 2010.

From being a struggling Championship side, when he purchased the club, he believed in his passion and the people around him. Then, the unthinkable happened (at least in sporting terms), where Leicester City were promoted to the Premier League in 2013/14 and then went on to win the 2015-16 Premier League title, after starting the season as...

Practical solutions for good financial planning

Posted by siteadmin on Wednesday 2nd of February 2022

When I set up Essentially Financial, it was to help guide people along their lifetime journey as their financial planning partner.

I strongly believe that establishing and quantifying individual objectives are the cornerstones of the lifestyle financial planning process. It not being about product, performance or flavour of the month. But understanding where you want to be, where you are now along with how and just as importantly, when you want to reach your destination.
Frequently, we have to first get people on track. Then, we have to k...

Through the looking glass

Posted by siteadmin on Wednesday 5th of January 2022

Through the Looking Glass was a novel published in the late 1800’s by Lewis Carroll. It’s the sequel to Alice's Adventures in Wonderland. In the story, Alice again enters a fantastical world, by climbing through a mirror into a world that she can see beyond. There she finds that just like a reflection, everything is reversed, including logic.

Alice’s adventures might be fictional, and children’s fiction at that. But it can also show us that life doesn’t need to be a dream if we plan for it.

I’ve conducted some recent annual client reviews ...

This quote came from the legendary American fire fighter Red Adair.

From the 1950s to the early 1990s, Red was THE global expert when it came to oil well firefighting.

Along with his well-trained team, he extinguished dozens of huge fires all over the world including Piper Alpha in 1988 and the blazes set by the Iraqi army in the Kuwaiti oil fields in 1991 following Operation Desert Storm.

Red and his crew weren’t cheap, but they were the best and importantly they got the job done.

In an industry where each day a fire burnt would cost mi...

Always look on the bright side of life

Posted by siteadmin on Wednesday 3rd of November 2021

Eric Idle’s synonymous Monty Python tune can be hard to get out of our head, when we start to sing it. Always look on the bright side of life may have had its origins in comedy, but the crux of its meaning is quite poignant.
Life is about enjoying the ride and making the most of it as best we can. Knowing that things are going to distract us from time to time. After all, we only get one chance at it.
It’s a common misconception that financial advice is about making our money grow. But it’s so much more than that. More so, where financial...

Being environmentally conscious and socially aware

Posted by siteadmin on Wednesday 6th of October 2021

With our lives returning to normal, I attended a conference recently which I tend to annually. The main thread of the conference focused on how the world of fund management was becoming more environmentally conscious and socially aware. As many of us are also.
There were many interesting threads discussed. Whether it be in respect of the wider use of renewable energy, reducing the use of single use plastics or companies treating their employees fairly and with humility.
Of course, this is something that we all aspire to. We’re all making...

A Life Centred Approach

Posted by siteadmin on Wednesday 8th of September 2021

The purpose of adopting a life centred approach to financial lifestyle planning, is to help people achieve their best life possible with the money they have. Along with that which they expect to accumulate over time.
When taking a journey, we plot our route and work out how we’re going to get from A to B. But not just by knowing where B is, but by having clarity in when we want to reach our destination. What we can’t know is, when and where we’re going to hit the congestion. More importantly how we’re going to navigate around it, indeed if...