A Life Centred Approach
Posted by siteadmin on Wednesday 8th 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 at all.
By working in partnership and by putting a client’s life at the centre of our conversations, time is taken to understand THEM, their background and their philosophies. Along with their needs and objectives, so that we can help put their money to good use.
In so doing, we strive to provide people with a better Return on Life and not just a better return on their investments.
In the first instance, we explore thoroughly to understand their situation. Providing the resources to help with the decision making. Whilst explaining the pros and cons of each.
We also guide people on how to get their financial house in order and help keep it that way. Whilst providing for their lifetime income and expenditure needs.
By creating accountability, the process follows through on these commitments. By showing the steps to take to regularly review progress.
Just as importantly, there’s the need to provide insight to help people avoid emotionally driven decisions in important money matters. It’s often the case that we consult at key moments of decision making, undertaking the research to ensure people have all the necessary information.
Anticipating life transitions and being financially prepared for them is paramount. By regularly assessing what’s coming and creating the action plan to address and manage these transitions ahead of time.
Remember, although the money is important, it’s what we do with it that counts.