Have you started to think beyond the current global situation yet? Does it feel like there’s a glimmer of light at the end of this dark tunnel? Or are you continuing to feel a reluctance about planning for your financial future?
It would be great to know there was an end date to the virus so our plans can be rebooted, refreshed, and renewed, wouldn’t it? Or perhaps you feel like your life has all the same problems before we threw a pandemic into the mix.
Finding the confidence to plan and dream again may feel like a stretch right now, but there are ways you can help yourself to break down those barriers.
Taking small steps towards building your confidence can help you break out of that reluctance to plan for your future.
To build your confidence, we recommend filling the gaps in your knowledge relating to your financial situation. When you don’t know where your starting point is, it can be hard to plan for what you want.
Over the last year, you may have had to dip into your savings and are now reluctant to begin again or lack the mental energy. Although, according to the Central Statistics Office (CSO) bank deposits in Ireland jumped to €5.3 billion in the second quarter of 2020 compared with €2 billion for the same quarter last year. Understanding how best to utilise these savings can be done through careful planning.
Financial education is the key to confidence. Carrying out financial tasks and plans with a trusted advisor can have a considerable impact.
“Those who do nothing, achieve nothing.” – Derek Halpern.
To build confidence, you need to take action.
You may be unsure that the steps you’re taking are right, or that you can achieve everything you hope for. No matter what, act as if you’ve already managed to reach your goals.
Financial confidence is something you build as you move forward one step at a time. With the support of a financial life planner, you could achieve financial freedom whilst developing that confidence.
It may feel uneasy to look at your financial life plan, but if you follow our DREAM process, you’ll discover an easy to follow strategy that not only builds your confidence but allows you to dream again.
DISCOVER and REALISE. During the first two steps of our programme, you’ll commit to achieving your life goals. These steps are vital for unearthing where you are today and where you want to be. It allows you to prioritise and visualise your goals and dreams.
EVEREST is where you grow and learn, building the courage to tackle any challenges and overcome them with our full support.
The ACTION and MENTORSHIP steps build on all the areas you’ve covered by creating a plan of action and implementing this into your financial life plan.
You may also enjoy reading our recent post Creating a Life Plan for an Unknown Tomorrow.
Our financial life planning service ‘Life Without Limits’ helps you understand what’s essential in your life and identify what you need to put in place to maintain the lifestyle you want for you and your family.
If you’re ready to live the DREAM, get in touch for a chat.
Create your financial life plan with Ireland’s only RLP® Registered Life Planner, Rory, to discuss how his programme can shape your future and allow you to live a life without limits.
Financial Life Planning sessions are conducted face to face or over Zoom/Skype/Teams. Book your call today HERE.
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