Why planning pays dividends

Posted by siteadmin on Friday 2nd January 2015.

Looking back, 2014 was a good year. We moved offices, been busier than ever and look forward to the future with confidence.

I really like this time of year as it gives me an opportunity to reflect and more importantly to plan ahead. I’ve often been called organised, some might even say a control freak (particularly my dear wife).

The need to plan and be prepared stems back to my early working days. I started my working life as an apprentice at my Dad’s pre-press graphics business.

I’ve never forgotten what Dave Best, the Studio Manager who was my direct boss said to me when I rather hastily and untidily put some stores on a shelf. He said ‘Do it again but this time neatly. You stack that neatly, your work will be neat’. Sadly, he’s no longer with us but the words he barked have stayed with me.

He was right of course and the same attention to detail, preparation and discipline applies to successful financial planning. You need to establish objectives, have measurable points along the way and keep reviewing. In short, be organised.

I review my position regularly. Both personally and in business so I like to think that I do practice what I preach.

As mentioned in my last blog, the first half of 2015 will see many changes effect the world of personal finance. These changes will mean it’s more important than ever to know what you want, plan ahead and assess your options by looking at what's available.