Money can’t buy you love

Money can’t buy you love

Money can’t buy you love, or so the Beatles reliably informed us in the 1960s. But does that mean money is of limited use?

There are many things we need money for, from basic security and food to some of the finer things in life. But how much money do you require to cover the lifestyle you’d like to enjoy?

£1 Million for one person may be more than enough for their planned lifestyle. But it may hardly touch the sides for someone who leads a much more extravagant life.
So how much do you need?

This is the question financial planning can answer for you. We look at your current resources, your expected future income and spending and will therefore be able to identify what amount you need for your desired lifestyle.

If it looks that on your current circumstances you do not have the necessary amount we can model some further options. Eg. working for a longer period, saving more now, reduced spending in later years.

Armed with that information you can then plan for your future with the confidence that you have the financial resources needed to support the lifestyle you’d like.

Financial planning gives you that knowledge. If you would like to know more, contact me at mary@wealthforwomen.biz for a confidential, no obligation discussion.

 

 

Mary Waring is a Chartered Accountant, Chartered Financial Planner and Money Mindset Coach, helping women transform their relationship with money so that they can become free and powerful. She is also the bestselling author of "The Wealthy Woman: A Man is Not a Financial Plan."

Read More

If you enjoyed this post, we recommend the following as additional reading. 

Is my money safe in the bank?

In last week’s blog “How safe is the money in my bank deposit account” I looked at the Financial Services Compensation Scheme (FSCS) and how that can help depositors if their bank becomes insolvent. This blog looks more at the issue of is it a sensible option to leave a large sum of money on…

Read More about Is my money safe in the bank?

I now feel much more secure, and financially sound

I recently spoke to one of my clients , let’s call her Grace, to ask what benefit she obtained from us working together. What prompted you to have a meeting with me? I was quite anxious about my financial future, and had no clear idea of where I stood. I didn’t know what information I…

Read More about I now feel much more secure, and financially sound

Do you take responsibility for your finances?

As the founder of Wealth for Women, it wouldn’t surprise anyone to hear that most of my clients are female. Typically, they are going through, or have just been through, divorce. In almost every case, the husband has had full responsibility for looking after the joint finances during the marriage and the female has taken…

Read More about Do you take responsibility for your finances?