There is no right or wrong time to get financial advice and much like getting a regular health assessment with your doctor, thinking about doing a well timed money health check is just as important.
Knowing when to seek some money advice is vital to keeping your finances in tip top shape.
Your financial health is just as important as your physical well being and getting counsel from a financial planning adviser is a great way to ensure the other facets of your life stay healthy as well.
It may be worth keeping a close eye on your finances throughout the year and for many people,tax time is a good time to reassess your money situation.
Getting financial advice sooner is always going to work out better for you in the long-run.
This may be particularly true when it comes to being prepared for unforeseen events in your life.
Having a financial plan in place can help you be ready to face anything that is thrown at you, which could affect your finances.
With the help of an adviser, planning for the unexpected can become a breeze.
A financial adviser can work with you to find money saving strategies, which can help you to accumulate more wealth.
This will give you some extra money to put into your own reserve for a rainy day.
One of these situations could be a sudden life change such as redundancy.
While no one really likes to think about what would happen if you were to lose your job, it does pay off for you in the long term.
Much like saving for retirement, there is never a better time to start putting an emergency fund together to help you weather the storm of uncertain times.
If you are in the midst of or potentially on the verge of redundancy, there is much to consider.
You will need some money to live on while you search for another job to pay bills and make mortgage contributions.
An adviser can help you to manage your redundancy payout and put some strategies in place to ensure you are able to make it last until you are able to find another job.
Obtaining advice from a knowledgeable financial adviser can help you to make the best decisions for you during this unsettled time.