Why hire a financial planner?
If you’ve arrived at this post then you have likely asked yourself whether you should hire a financial planner. You might be at the start of your journey to find the right financial planner, or maybe you’re simply questioning whether this is really a service you want? In this post we breakdown some of the …
Top broken resolutions and what to do about them
About this time every year, millions of people start thinking about what they’d like to do to change something about their lives, from kicking habits, beginning new habits (preferably good ones) to doing more or doing less. Unfortunately, the mindset needed to resolve to do something, and that required to actually do it are entirely …
Spotlight Interview with Jonathan Pace
Jonathan joins our Luxembourg team from an engineering and corporate development background with an MBA in finance and specialises in helping clients achieve financial independence through Lifestyle Financial Planning. Outside of work Jonathan sits on the Board of a Luxembourg NGO that raises funds for children in Johannesburg with life-limiting and life-threatening illnesses; their current …
Got million dollar money habits?
What is it that rich people do that makes them wealthy? Popular thinking would appear to indicate that they have a different mentality. But is that pure genetics, or is it possible to learn some of the behaviours and processes that make the rich, rich?! In Tom Cory’s collection of books such as Rich Habits, and …
Don’t miss out on your inheritance
The latest HM Revenue & Customs (HMRC) figures show that over 24,000 estates in the UK pay inheritance tax each year and, with many estates not taking advantage of the Residence Nil Rate Band (RNRB) introduced in April 2017, the UK government collected £1.9 billion in Inheritance Tax (IHT) in the first four months of …
Top 4 transferable skills for yachties
When it comes to working in the superyacht industry, yachties generally don’t often take the time to analyse the number of valuable skills they’re acquiring. Whether they’re skills derived from hospitality, engineering, maintenance, or any other discipline, most are transferable skills that can be used significant advantage when securing a job onshore. The skills developed as …
Pocket Money – How much is enough?
‘Pocket Money’ or ‘Allowance’ is a valuable resource for children to learn about the value of money. It is a useful tool for parents to encourage children to develop confidence in consciously and actively managing money. But how much is enough? For many parents, deciding how much pocket money is appropriate is anything but an …
Has your current adviser ever asked you these 7 essential questions?
Traditionally, Financial Advisers concentrate on selling you a financial product to fix a ‘problem’, rather than tackling proper financial planning focusing on the most important thing; you. People value a service that relates their goals and dreams; their ‘life plan’. They want clarity about what their financial future looks like, rather than being sold a …
Are you spending it like you stole it?
Turn on the TV; you can’t avoid the adverts. Open a newspaper or a magazine, and you’re hit full in the face by expansive, full-colour montages selling you the dream – showing precisely what you need to buy to make you desirable, to make you exceptional; to make you and your life perfect. Watch YouTube? …
What the rich teach their kids
I recently re-read Rich Dad Poor Dad by Robert T.Kiyosaki and wanted to share the key financial lessons with you. This book is all about transforming your income so that your money works for you, rather than you having to work for your money, a subject I am obviously very passionate about! This semi-autobiography shares Kiyosaki’s financial …