BUILDING PERSONAL WEALTH

Planning

  

When in (financial) doubt - talk it out!

shutterstock_1667342791-edit.jpg

According to a recent survey1, 90% of households are worried about rising prices. Financial worries can cause a great deal of stress and anxiety; nearly one in five people say they have lost sleep over soaring prices in recent months2.

Money and wealth often feel like a bit of a taboo topic for families. Researchfound that a third of people keep financial secrets from their partner, for example, hiding savings or investments from them.

It’s so good to talk 

With the rising cost-of-living impacting so many people, taking the time to discuss important financial matters with other family members will help to ensure that the right financial plans are in place to potentially support other family members and safeguard family interests.

Keep focused

Openly discussing financial matters with your family and us can help establish priorities, clarify goals and ensure that plans are put in place to support each generation according to their financial needs. Having a holistic approach to your family’s wealth can stand you in good stead and provide real focus. We are increasingly being asked to be part of these conversations, not least because we offer sound practical advice in a dispassionate manner. If you’d like us to help your family, then please do get in touch.

 

1 BritainThinks, 2022. 

2 Shawbrook Bank, 2022

3 Royal London, 2022

 

<< BACK TO NEWSLETTERS 

Politics

Around 30 Tory MPs are backing an attempt to overturn the ban on new onshore wind in England.
More than 50 Tory MPs say a legal change would speed-up the return of illegitimate asylum seekers.
Government announces extra funding to help those in least-efficient homes in lower council tax bands.
Transport Secretary Mark Harper says the UK does not have "a proper seven-day railway" network.
Constituents speak out on what the former health secretary should do after I'm a Celebrity.