“If you lost your job today or your business folded – how long would it be before I needed to start putting money in your account?”
6 months? A year? Just a few weeks?
It’s a difficult question that most of us try not to think about.
But it’s the first thing I ask all my one-to-one clients, as part of their financial health check.
And it’s followed by an even tougher question:
“If you died, would you want your family to be able to stay in their home?”
Honestly? No-one likes to think about losing their life, business or job (unless they have a rather morbid fascination – and yes, I’ve worked with those people too!).
But talking about these things doesn’t magically make them happen.
I’m a straight talker. It’s my job to have these hard conversations – and it’s so important that we DO all have them.
Of course, I’ll explain all the options in a way that’s easy to understand (without jargon, overwhelm or patronising anyone).
I can’t change what happens to you. That’s up to you; to God; the universe; who or whichever is your higher power in this life.
But I CAN help you:
- Plan your finances – money for now and the future. For you and your family, available quickly when they need it most.
- Make arrangements for when you’re gone (like Wills and money set aside for your children’s education and university fees).
- Avoid hefty and unnecessary tax bills – which is hugely important for so many of the clients I work with.
- And to work through all the ‘what ifs?’ – so you KNOW you’ll never leave behind a financial headache for your loved ones.
Again, I know this isn’t always easy to consider. As humans, there seems to be that innate part of us that lives in denial, avoiding facing up to our own mortality at any cost (cheerful stuff, I know!).
But when I say it’s important – truly, it is.
I’ve seen the devastation when families are forced out of their own home, because arrangements weren’t made.
I’ve seen the heartbreak of families grieving deeply, forced to face up to horribly difficult financial realities they knew nothing about.
So if you’re ready to start planning a more secure future, to help avoid those financial emergencies in YOUR life – I’d love to help.
Just click here now to book a free 20 minute call. We can chat everything through and start to see what financial arrangements you could put in place.
And next time, we’re talking a slightly more cheerful topic – how to get an income of £40k+ per year and not pay any tax (entirely legally and ethically). Can’t wait!
Until next time,