01 Apr Maybe Now Is The Right Time?
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One thing which the current Coronavirus pandemic has given a lot of us is more time. Normal hectic social lives (either our own, or those of our children) have been replaced by hours to fill at home.
While there are numerous ways to fill that time to get through the enforced social isolation, I think there are two things which it would probably benefit most people to devote a little of that time to.
Firstly, thinking about your values. I’d be willing to bet that many of us have seen our priorities shift in the last few weeks. A lot of things which we may previously have prized may now seem of much less importance when the lives of our loved ones are at risk. Maybe this time is a good opportunity to think about what’s REALLY important to us in life.
I know from the conversations we have with people interested in engaging us that this is something that most people DON’T really think about – we’re all too busy living our lives. Well, now we’ve been forced to slow down a bit, what better time could there be?
I’ve written about money values a few times. You might find one or more of the following helpful:
It’s Not Hard to Make Decisions When You Know What Your Values Are
What Are You Doing to Protect Your Heirs?
Forget New Year Resolutions – Think About Your Money Values Instead
The second thing to consider allocating some time to is your financial plan – if you don’t already have one. I’ve said this before, and I’ll say it again, not everyone needs a financial planner, but everyone needs a financial plan. If your financial circumstances have changed as a result of the epidemic you probably need a plan more than you ever have before.
Thinking about creating your own financial plan can be overwhelming for some (which is why so many people fail to do it!). Which is why we’ve tried to provide resources to help. Our Guide to Financial Planning can be downloaded free of charge here and will arm you with everything you need to get started.
If you don’t think you can do it alone, or if you have been going it alone up until now and now think you could do with some help, we also have a number of resources available, all free of charge, to help you find the right firm to help you:
Six key values financial planners provide
How can a financial adviser help you?
I hope one of these resources might be of help to you. Take what you need. Leave what you don’t.