It’s all a natural part of life to have goals – in fact they are the things that help to give us something to work towards. Goals give us hope and inspiration, and a reason to live each day.
So if you haven’t got anything in mind that you would like to achieve, then you may want to sit down and have a think!
Often the things that we want in life need some sort of financial backing to support it, so if you’re thinking about saving towards something then it might be a good idea to have some sort of financial plan in place!
Whether it’s saving towards a small holiday, a new car, a child’s university fund, or even your retirement, they can all benefit from some financial advice to help you get on track.
A financial planner can help you to identify what it is you want to save towards, how you’re going to get there and when you can reach it by.
getting in the mindset
A big part of being able to save for something is being in the right mindset for it. For example, if you have a partner then it’s better if you are both in the mindset to save towards a goal. If only one of you wanted to save, while the other one wanted to spend, then it could mean delays in you reaching your goal.
In this case, it might be a good idea to discuss strategy with your partner and come to an agreement. For example, you may wish to extend the timeframe to a longer period, or give your shopping-mad partner an allowance per month for purchases.
ways of saving
How much you’re saving each week or month is up to you. It all comes down to how much that you are willing to sacrifice and for how long.
A good way to make sure that you are making regular contributions to savings is to set up some sort of automatic payment system.
This way, you can defer a certain amount of your paycheck into an untouchable bank account each time that you get paid – leaving it out of your hands and stored somewhere safe!
we can help
If you are wondering where to get financial advice, we can help. Why not get in touch by calling 1800 626 881 or by using the ‘contact us’ tool on our website.