It is another year close to an end and I truly hope there have been some highlights and bright spots for all of you.
One constant throughout the year has been the continued presence of Covid-19. It seems to have brought out the inner epidemiologist in all of us as we continue to the share latest news and updates amongst ourselves and friends. Some locations, people and businesses have been hit hard whilst others have thrived and found opportunity. I hope you are in the latter group.
Just as we thought we had heard it all, the tragic event involving a jumping castle at Hillcrest Primary School last week offers perspective and gives us pause for thought. Hearts are broken for the children and families involved as well as staff and emergency services.
It brings home that we don’t know what will happen and often have little or no control over events that unfold.
That applies to life in general as well as from a financial point of view.
Although we don’t know what or when, we can make plans for what may happen or what we hope will occur. Then, as life happens, we can adjust those plans.
This time of year allows us to review what has been and prepare or plan for what is to come.
The key aspects of planning, from a financial context, for me are:
- Having clarity over how you want your future to be
- Spending less than you earn
- Doing something smart with what is left
- Letting time do its thing
When I review the people I have met and spoken with this year the most common question I get asked is “Am I / are we going to be OK?”
Do you feel you are closer to where you want to be now than 12 months ago? Has anything changed? Have your goals altered?
If that applies to you or someone you know maybe spend the next week or so resetting your targets and set sail in 2022 with a clear aim of where you want to be twelve months time.
May you have a happy and peaceful Christmas with family and friends and best wishes for 2022.
As always, if you have any questions, please reach out.
Financial Advisor and Founder – Core IFA