Thankfully, our team in GGFS is here to help by providing:
— All is OK – your finances are on-track and put you at ease, allowing you to focus more on what you do best and enjoy the now!
— All is not-OK – your current financial position is not sustainable OR your desired future goals are not attainable – arming you with vital information to alter course and achieve better outcomes.
A detailed cashflow is a key precursor to making informed decisions. Before you decide to invest, top-up your pension, buy that boat, gift your kids or sell that negative equity property, a personalised cashflow will help you understand how this financial decision could impact your current / future life.
Only when this is complete will you have your 1st clear picture as to whether or not your desired life expenditure is likely to be matched by your financial resources.
For many people – the outcome will be positive, meaning much of the financial worry and confusion will disappear and they can focus more on the now.
For others – the outcome will highlight a gap in their finances. That – unless something changes now – they will not have the resources to do all they want to do (for themselves/their kids).
What happens after a CashFlow?
Where a cashflow highlights a gap – this allows you to:
— Retire at 60 vs live in a ‘trophy home
— Extravagant lifestyle now vs gift kids in future
— Can you earn more / work longer?
— Do you want to reduce expenditure?
— Do you want to change investment strategy? (risk / tax vehicle)
— Do you wish to sell assets?
It is important to seek expert advice from an appropriate professional, to see what levers are available to you, and what risks/opportunities relate to these (especially in the areas of tax, investments etc..)
Therefore, one of the smartest decisions you can make now, is to cashflow your life. It will remove confusion & bring clarity.
At the very least it will give you the insights you need to make informed decisions about how your expenditure & deployment of your resources impact your future goals.
Contact GGFS Today
Get in touch below and a member of the GGFS team will be in contact with you shortly.