Sean O’Brien

New Year, new money goals

What’s your New Year’s resolution? We associate January with a flurry of gym subscriptions and better eating habits. But what about the health of your finances? Here’s how I want to encourage everyone to make their money work harder this year:

1. Look back
   Did your circumstances change last year? It’s easy to overlook life changes when you’re in the thick of it - things like pay rises, promotions, or moving house. Similarly, the latest Budget might have introduced new financial regulations you’ll need to consider. In a review, we can look at how those changes might impact you.
2. Look forward
   What do you want to achieve - not just this year but in the future? Are you planning to expand your family, or maybe focusing on retiring early? Whatever your priorities are, I can use a cashflow model to help you see if your financial strategy is in line with those goals.
3. Take small steps
   With the right help and guidance, there are surprisingly simple changes you can make. Switching to a higher interest savings account, for example. Or finding opportunities to reduce your outgoings (like scrapping unused subscriptions) and investing that money instead. We can identify those small opportunities, and look for bigger ones too - like getting you on the right track to make sure you have the income you need for retirement.

Let’s make a plan for the year ahead and get January off to the best possible start. Just get in touch and we’ll agree on a convenient time for a meeting or call.

Approver Quilter Financial Services Limited & Quilter Mortgage Planning Limited. 26 November 2024.