Have you ever noticed, that no matter how much (or how little) you plan things, there is always enough time, to just about get everything done?
Here is a questions often asked – what is a financial life plan, and why would I need that as opposed to a financial plan?
More and more consumers are understanding that there is a difference between the old way of financial advice (selling as many products as possible) and financial planning (where recommendations are able to demonstrate that they are relevant and appropriate for the long term).
So where is Financial Life Planning different? Continue reading “What is a financial life plan ?”
A question I have been mulling over – ‘is financial advice negative or positive’ – or is it aimed to create negative feelings, then solve them with overly positive predictions or scenarios, or actually, should it be to create positive feelings, then stay sensibly grounded, aware of what could happen (negative scenarios)? Continue reading “Is the financial advice experience negative or positive?”
At our ‘Serenity On Tour’ seminars (which spanned the UK covering Cornwall, London, Lincoln and North Wales), one of the presenters asked these questions …
- How much money do you have on you right now?
- How much money did you spend last month?
- How much money will you spend next month?
Not many attendees knew the answer to the first question, less to the second, and less again to the third. The point behind the exercise, was that if you do not know what you are going to spend next month, then how on earth will you know what you will spend in retirement? Continue reading “How to fix a terrible money habit in one month”
Your emotions and the financial markets may have more in common that you first think.
Over the long term, the general trend of financial markets is upwards. Like it or loathe it, the concept of financial growth (some may call it capitalism) seems to work. Of course, from time to time, there are little wobbles along the way, sometimes (2001 and 2008 spring to mind) there is a calamitous drop in value. Given time however, and avoiding panic, generally, things recover, and after a while, are back to where they were, and improving again (unless of course you had all your assets in one company which went bust) . This is the message we convey to our investment clients at Serenity – trust in the plan, and despite the short term wobbles, in the end, the plan will see you through.
Using happiness as the global currency instead of money, generally, society can hope to work towards greater joy, feeling better about the things around us and ourselves. Trust that generally, life will be ok, and we find that the investment in ourselves will pay dividends, be it health or mental functions. Continue reading “What your emotions and the financial markets have in common”
Are you one of the very fortunate 27% of 25-35 year olds who do not overthink? Yes, a staggering 73% of that age bracket have been identified as over-thinkers according to research conducted by Michigan University.
There are many great quotes about overthinking, but what is it and why does it occur? Continue reading “Overthinking – the art of creating problems that weren’t there!”
You probably have great intentions to move forward with one thing or another, yet doubt creeps in, you get distracted, run out of time, don’t feel up to it, or spend so long gathering information, that the time has passed.
There are 5 key non-negotiable disciplines of high achievers. Continue reading “Belief, focus, time management, health and ignorance – that’s all it takes…”
Very soon, your thoughts may well start to turn towards their holidays. Are you though a traveller or a tourist?
Travellers tend to enjoy everything, embrace the moment, experience, wonder, not over prepare or over complicate, and focus on enjoying the here and now.
Tourists however, tend to want to tick things off their lists, have to be over prepared, everything planned to perfection, collecting photos for Facebragging and deeply concerned with telling everyone else what a great time they are having – sometimes, to the detriment of their own real enjoyment. Continue reading “Are you a traveller or a tourist through life?”
Could you imagine if 9 months ago you made a momentous decision to transform your life? Remember the people who were stuck in the London life – well here is the update… Continue reading “Nine months which could change your life”
Are you one of those people who commutes around 90 minutes a day to get to work and again the same in evening as the return journey?
If you are – this true story of someone I was working with will resonate with you… Continue reading “Leave the smoke and run to the sun”