Financial Plan for Life

We believe the key to financial planning and having control over ones finances are based on what we refer to as the five financial intelligences, which are:

• Making more money
• Protecting your money
• Budgeting your money
• Leveraging your money
• Improving your financial information

By improving on each of these areas a person will improve their financial well- being and attain their financial goals regardless of what the economy, stocks, or the property markets are doing and that is exactly what we want to achieve for your employees.

We find that one of the reasons many people are struggling financially or not achieving their financial goals is simply because they have obsolete, biased, misleading or erroneous information powering their most powerful asset, their brain!

Today it is relatively easy for a person even a poor one to go from nothing to super rich without much money – all it takes is the right information.

You have to know however where this information comes from – are your sources reliable and credible? Most people unfortunately get most of their financial information from guesswork, people they work with and or sales people. Sometimes these people are struggling too! They may be good, honest and well intentioned people but they are not credible or reliable sources of information.

We have got to make sure that people separate facts from opinions and the key to financial intelligence is knowing the difference between both because getting this wrong leads to what I refer and others to as “insane solutions” and “risky actions” which is clearly evident in what is happening to many people in Ireland post “Celtic Tiger”.

We keep telling our clients which some have a hard grasp at understanding is that ultimately it is not the asset that makes you financially comfortable, information makes you rich…… or poor.

The other misnomer that the majority of people believe is that you can only achieve high returns on investments if you take higher risks but this is simply not true. Your exposure to risk really depends on how much control you exercise over the asset you are investing in. The more control you have the less risk.