Monday 08th July 2019

Do you feel well, financially?

Article By Dave Morman

At Brunsdon Financial we believe financial wellbeing is about having a sense of confidence and security around money. It’s about having enough money to meet every day needs and being in control of your finances. And it’s about having the financial freedom to make choices that enable you to enjoy life, now and in the future.

Everyone worries about money at some time or other. Even seemingly successful and affluent people worry about money. At Brunsdon Financial, our role as financial planners is to give you reassurance and confidence about your finances. We do everything we can to help bring your financial goals and aspirations to life – to help you live comfortably, saving and spending money as part of an overall financial strategy that has a current focus with an eye to the future.

Financial wellbeing often is dependent on knowledge. And when it comes to making financial decisions, a little knowledge can be a dangerous thing. That’s when the experience of a (Brunsdon!) Financial Adviser can pay dividends.

Significant inroads are being made to deliver financial education in the workplace. Through workshops and training, employers are increasingly providing financial wellbeing and education to employees. They are recognising the role it can play in maintaining a happy and productive workforce and supporting the emotional wellbeing of employees. Some larger businesses are creating roles in house to address this. At Brunsdon, we are specialists in providing workplace financial education, which can even be on a one-to-one basis.

Our role as financial advisers and planners is to instil you with confidence in relation to money.

We’ll take a holistic view of your circumstances and help you design your financial strategy for life.

Clearly there are a number of things you can do independently to pave the way for your financial wellbeing. Here are just a few suggestions:

  • Be clear on your day-to-day expenses. Create a written budget if necessary. This will enable you to make confident financial decisions.
  • Try not to compare your financial situation to that of others. It can lead to dissatisfaction.
  • Only borrow what you can comfortably afford to repay.
  • Get into the habit of saving even if you have to start small. Think of saving as a fixed outgoing and it’ll become automatic.
  • Save into a pension. It’s just common sense!
  • Consider insurances. What would happen if you were unable to work, for example?
  • Consider taking professional financial advice. Look on it as an investment in your future.

If you need further information about how Brunsdon Financial could help you devise a lifetime financial plan, please contact us.

Please note that this information is not intended to be specific personal advice.