If there is one thing that most people have in common, it’s the experience of worrying about money. Even those living comfortably will almost certainly have been through periods of poor financial wellbeing in the past or may do so in future. This is because financial wellbeing isn’t just about how much money you have – it’s also about how secure, confident and empowered you feel financially. Today more than ever, it is good practice to be holistic in your thought process and to create a plan for the short, medium, and long term that helps you feel empowered in your financial wellbeing and have a series of goals to work towards.

A common question though is where do I start?

Here are four questions to consider. I’d advise you to think about these and what the impact could be, and then what action you have taken to date to put plans in place, whether these be of a short, medium or long-term nature

What happens if I live longer than expected? What happens if I die sooner than expected? What happens if you fall seriously ill, or are unable to work due to ill health? What plans do you have in place to communicate your wishes after you have gone?

Each of these questions can spark a wide-ranging set of conversations but it is worth addressing these as early as you can with those around you.

No matter what your situation, there is always a solution that can be put in place either today, tomorrow or in years to come. Things will change as time goes by, circumstances will change, families will grow, careers will flourish and our expectations will change. All of these things highlight a need for our plans to be dynamic and adaptable.

Give some thought to these four questions. These are the cornerstones to a strong client relationship, one that is focused on their needs and expectations and that forms the basis for a long-term, trusted rapport. This is how I like to approach every single engagement with prospects and clients, no matter the scale of their needs, as we are all different.

Over the coming weeks, we’ll continue with this theme, and we will explore each of these questions, and we’ll cover some areas for further consideration within each, supported by inputs from subject matter experts along the way.

Wellbeing is vitally important on many fronts. If you are intrigued by any of the blogs, or if you are concerned with the current plans you have in place, then please get in touch for an initial no obligation discussion.

Paul Swales DipPFS ACMA Financial Adviser | Gregory Wealth Management LLP

Mobile: +44 (0)7789 877589

Email: paul.swales@sjpp.co.uk


Gregory Wealth Management LLP is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the group’s wealth management products and services, more details of which are set out on the group’s website www.sjp.co.uk/products

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