The Essence Of Holistic Financial Planning (HFP)

We focus on the totality of your situation in terms of what will give you the financial security which you want and deserve, whilst equally offering genuine no-nonsense choice and value for money. It is all about looking at all of the tools we could employ to assist you so that you can enjoy peace of mind and financial security as shown in the financial buckets below.

What ways can I use to legally accumulate wealth?

Inherit it

Marry into it

Create it through work, enterprise and a careful financial planning programme

There are a number of key levels of financial well-being namely that we work with my clients on. These are:

1. Financial Existence – You are living for the day without any financial safety net.
   
   
2. Financial Protection – You have accumulated enough resources to cover basic living expenses, plus a small nest egg for a rainy day. Financial protection is one of avoidance of loss – by which I mean how you and your family will cope in the event of the unfortunate events of life such as death, loss of the breadwinner, illness, long term disability, redundancy, contracting a defined critical illness condition etc?
   
   
3. Financial Security – You have accumulated enough financial resources to cover needs far in excess of simple basic needs of food, shelter and housing and can relax about the medium term. These stages are ones of going over and beyond basic levels of protection and could incorporate, investment planning, asset protection, tax-efficiency, estate planning, school fees planning, and mortgage planning, etc.
   
   
4. Financial Vitality – You have accumulated enough financial resources to cover all of your medium term needs as well as some of your dream goals of holidays, owning a beach-side property abroad etc.
   
   
5. Financial Independence – You have accumulated enough financial resources that you do not need to work, if you don’t want to.
   
   
6. Financial Abundance - You have accumulated enough financial resources that you do not need to work, if you don’t want to and you can live your dreams.
   
   
7. Financial Freedom (Absolute) - You have accumulated enough financial resources that money is no object to anything.

Whilst there are interpretations and definitions for each of these stages as we have seen, the important starting point is to identify where you are, where you want to be and having the right adviser work with you in designing a route-map to get you there in a timely and tax efficient manner. That is where we come in! To begin the journey, contact us NOW!

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Key Obstacles

In the world of financial planning, the key obstacles in the way of everyone to take immediate action are:

1. Fear of loss – Be it money, the unknown etc.
   
   
2. Complacency – Taking for granted the need to take timely action in a manner designed to help you achieve your goals and objectives.
   
   
3. Ignorance - This can manifest itself either in a general lack of knowing what to do or refusing to accept and put into action what we know needs to be done.
   
   
4. Time - We all have busy daily schedules and the amount of time we have to think about ourselves and our loved ones continues to get repeatedly eroded by intrusion of technology, longer working hours, longer delays in traffic etc.

The ironic thing, from a financial planning point of view is that the only equal opportunity employer is time. Think about this, where ever you currently are in your journey of financial security and comfort, you have the same number of hours in a day as the most successful person in the world you know or have heard of. You may then ask yourself, how do they do it? Well, the answer that we have found through years of extensive research and analysis is that they manage their time differently to how most of us do. They also employ the service of quality advisers to help manage their affairs. You can enjoy similar privileges by contacting us NOW!

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