Financial Planning Myths – Only wealthy people need a Financial Planner

This is a common misconception among those people who do not consider themselves wealthy.

Sadly, this assumption could lead to a lack in planning a better future for themselves under the supposition that only wealthy people need a financial planner.

Financial planning is about helping people achieve their short, medium and long-term financial goals. Many individuals incorrectly assume that they need to be wealthy to obtain professional advice.

The reality is that a simple meeting can turn your relationship with your own finances around, giving you perspective and helping you to direct your energies to achieve your aims.

Unfortunately, some people don’t take advice and this inaction could have a significant detrimental impact on their financial future.

The important thing is that you take the first step towards helping yourself.

As modern financial planners we operate with a different approach and focus our attention on what is important to you about your money.

We will help you to explore your goals in life and formulate a financial plan, so that your finances fully support those goals.

Subject to your agreement we will then meet with you on a regular basis in the future to review your plan and ensure that you are on track, with strategic and tactical advice to help you adjust your plan where this is necessary. This process need not take a long time, once the financial plan is in place, but is essential in taking account of a change in your plans, circumstances or views and changes in legislation and the economic climate.

Planning in this way isn’t the preserve of the very wealthy and is relevant to everybody.

For impartial advice on your own personal circumstances please contact us on 01626 833225 to make an appointment.

Please note that the above article does not constitute financial advice.