New Year thrival with your finances
Christmas is now behind us and hopefully you had an amazing time spent with family and friends. Here we are, not only a New Year, but a new decade as well. Close you eyes for a moment and consider what dreams you have for the next 10 years.
Think of the places you wish to travel to, repay (or reduce) the mortgage, purchase your dream home, fund children’s education, reduce your working hours or retire. Wouldn’t it be wonderful if it could all magically happen? In reality – you may be nursing an overextended credit card debt after too much extravagance over Christmas. You may feel like you are living from payday to payday, just getting by, literally just surviving. Wouldn’t it be amazing if you could start thriving and enjoying life?
Let’s not let another 10 years disappear with regret and thoughts of the things we should have done to make a difference in our lives. Sometimes, it just takes a little bit of guidance and direction to get on track. So many of my clients say they with they had seen a trusted financial planner years ago, however, they kept procrastinating.
I like to take a very pragmatic approach when working with clients. We sit down and do a summary of where you are now (warts and all) as the initial starting point. Then I encourage my clients to physically sit down and write their wish list for life, including short, medium, and long-term goals. The, “one day I’d like to…” is a fantastic place to start. Something happens when we take the things that rattle around in our heads and physically write them down. I encourage couples to write separate lists and it has been been amazing what many have found out about their partner. They thought they knew everything about their offer half, yet often find out things that have been pushed (sometimes squashed) to the back of their minds and hearts.
It’s like they have permission to dream again. We then work out the numbers of what we need to do to help achieve their goals and dreams.
My industry is full of compliance and challenging rules and regulations. However, the most rewarding thing is when I receive a postcard from a client who has just visited somewhere in the world, and they have made one of their dreams a reality. Recently, I received a card from Iceland, where clients were able to witness nature’s blessing of the Northern Lights. On the back of their card, they wrote, “Sometimes dreams do come true”. It filled my heart with joy.
My challenge to you at the start of this decade is to consider what you can do today, to make a difference to all your tomorrows. It’s time to make a difference in your life NOW. My team and I will be happy to get you started with an obligation-free first appointment.
Written by Kath Orman. Orginally published in Holistic Bliss Magazine, Issue Feb 2020.