Don't gamble with your future. Put a financial plan in place.
Updated: Feb 22
Are you really making the most of your money?
What are you waiting for? Get a financial plan in place.
Financial planning. Sounds easy doesn’t it? Surely, it’s just about saving as much as you can, paying into a pension and investing in a few ISAs. Well, it’s certainly true that saving is a great habit, but did you know that good financial planning can make a huge difference to both your current and future lifestyle?
The difference ‘good’ or ‘bad’ financial planning can make is substantial. Imagine working hard and saving throughout your working life only to find out that the amount you end up with is a lot less than you’d hoped for. It’s a fact that despite, each saving the same amount every month for 20 years, two people could end up with very different sums of money (and a different quality of life) if only one of them has taken professional financial advice.
Financial planning is a real skill. That’s because it’s highly complex; from deciding what level of risk you are prepared to take and choosing the investments that are right for you, through to ensuring your pension funds are being managed effectively, as well as investing and withdrawing monies in a tax efficient way. The very best financial planning can significantly boost your wealth, ensuring you can face the future with confidence. Put simply, it’s about helping you to plan for the exciting things in your life such as buying your first home or taking that dream holiday as well as preparing you for the uncertain times, such as market fluctuations, illnesses, sudden expenditure and, of course, death and taxes!
Financial planning is not something that just happens once – it’s a continual process. At Schofield, we know that circumstances and priorities change over time, so financial plans have to adapt as well. That’s why, we regularly meet our clients to check that we understand their current concerns and issues as well as any longer term hopes and dreams. Throughout the year, we take note of any market fluctuations, new legislation or tax changes to ensure we always give you the best and most up to date advice.
And the great news is – it’s never too late to start. There's a popular Chinese proverb that says: “The best time to plant a tree was 20 years ago. The second-best time is now.”
So, whether you’re at the very beginning of your professional career or are nearing retirement, the time to act is NOW. Get in touch and let us help you make the most of your money so you can live the life you want.
Come and talk to the experts at Schofield. We can have a friendly chat about your future hopes and dreams and help you set up a financial plan that’s right for you.
Call us now on 01423 368000 or email us on firstname.lastname@example.org