469BCe.com
  • Home +
    • About & Terms
    • Book Appointment
    • Payment Page
    • Business Opportunities
    • Suggested Videos List
    • Suggested Reading
    • 469BCe - Our Name?
    • Contact
    • Wellness >
      • The surprising science of happiness
    • Acknowledgements
  • Coaching Pages
    • Workplace Coaching Intro >
      • Recognising Potential
      • Developing In-house Coaches
      • Coaching a Superstar
      • Personality Types
      • Marketing
      • Grow Your Passion
      • Feedback
      • Leadership Responsibility
      • Live in the Moment
      • Motivating Others
      • Persuasion
      • The Need For Recognition
    • Public Speaking Intro >
      • Public Speaking Overview
      • Speaking Naturally in Public
    • Build a Business Intro >
      • Customer Acquisition
      • Customer Retention
      • Change Management
      • Negotiation Skills
      • Find out if you are a dictator
      • Team Building
      • Communicating Successfully
      • Leadership Styles
      • Strategic thinking
      • Productivity
      • Problem solving
      • Being Assertive
      • Networking
      • Conflict resolution
      • Influence and Power
      • Motivation
      • Performance Assessment
    • Soft Skills Selling Intro >
      • Practical Sales Skills
    • Work From Home Intro >
      • Work Home Environment
      • Time Management
      • Technology
      • Routine & Discipline
      • Business Insurance
      • Building Your Business
      • Mindfulness
      • WORK + HOME = LIFE
      • Managing Money & Business
      • What is Success?
      • Managing Expectations
      • Communicating With Clients
      • Contingency Planning
      • Succession planning
    • General Coaching Pages
  • Team Building Event
  • Walking Basketball
  • Online Coaching
  • Surrey Scorchers
    • Diary 2020-21
    • Diary 2019-20
    • Winning mentality
    • Performance anxiety and stress
    • Ethics and morals
    • Autonomy vs Team
    • Self Image
    • Making time for family and friends.
    • Relationships with teammates
    • Trust and knowing who to listen to
  • Personal Finance
    • Overview of UK Money
    • Getting Financial Advice
    • Life Insurance and Serious Illness
    • What Is A Financial Plan?
    • What Is Cash Flow?
    • Budgeting
    • Managing Debt
    • Joint Finances
    • Wills & Trusts
    • Earning Extra Cash
    • Financial Literacy
    • Buying a House (UK)
    • Children Change Things
    • Retirement
    • Long Term Care
  • Blog
  • Podcasts
  • Shop
  • Sponsor Members
  • Sponsor Members Blog
  • Search Page

What Is A Financial Plan?


About The Video.
What is a financial plan?
​
  • You need a plan.
  • Planning helps you stay on track
  • Save a small amount monthly.
  • Consider investing any savings you have.
  • Think about starting a pension.
  • Get qualified financial advice.
A thought inspired by an Antoine de Saint-Exupery quote - Remember goals without plans are merely wishes.
Wellness.
​
  • Take responsibility: Your future is your responsibility, don't become a victim of circumstance.  Whatever place you find yourself in strive to make good, positive choices that elevate you.
  • Become aware: Good and bad, habits are part of your life.  You must see clearly how your save/spend habits affect your financial well-being.
  • Take comfort from all of your achievements: It's very easy to focus entirely on the negative aspects of your financial life. It is very important that you congratulate yourself for everything that you do right - no matter how small.
  • Value your work and prioritise your career:  No matter how bad your personal circumstances, they will get worse if you allow them to impact on your work and career. 
  • Embrace change: A fear of change influences most of us, but more often than not a positive change in tomorrows circumstances can only come from positive changes made today.
  • Know yourself:  We are all unique. There is no point in aspiring to what other people value.  We must only strive for things that we value.
  • Be happy: We all need to accept where we are at any given moment.  Worrying achieves nothing.  Take comfort in the fact that no matter how bad you think things are, you're not alone. There are many people willing and able to help.  You only have to ask. 
Plan your way to financial independence.

For older people this page represents a reminder of how we can help those just starting out in adult life.  For younger people what follows is my attempt to help with one aspect of what I see as a 'three-pronged' future.

  1. Personal:  the plans, ambitions, dreams, goals for your life?
  2. Professional: how are you going to fund your life?
  3. Spiritual:  what rules are you going to apply to your life?

NOTE: On one very practical level planning for the future means dealing with your money in a way that maximises the benefits it provides for you and your loved ones.  Spend it or save it, only you can choose. As you read please keep in mind that all of this is what I have discovered over a lifetime of financial turmoil in a volatile commercial world.   So the voice in your head should be one of me pleading not preaching.

In the beginning.

One of the major issues in the sales and promotion of financial services is that the products mostly deal with things that seem a long way off in a theoretical future.  A prime example of this is funding a pension v's saving to buy a home. Buying a property seems to be in the foreseeable future and urgent.  Pensions seem a lifetime away and can wait. The problem is that the longer someone waits to start saving for retirement the harder it will be to actually accrue a 'pension pot' big enough to do its job.  Recently this has led to a growing tendency for people to use the equity in their home to boost their retirement/long term care. This is not ideal.  Together with the usual shortage of spare cash experienced in the early years of employment, it's not surprising that financial planning for the future is not only fragmented but nearly always comes second to holidays, cars and the occasional night out.

But there is a secret to it.  JUST START -
  • Get a folder/box file/shoebox for all of your important documents.
  • Write a list in order of priority of all of your regular spending.
  • Look for and stop any wastage or bad habits - is your daily take-away coffee the best use of £60 a month???
  • Work out what 'surplus' you have left at the end of the month.

THEN -

Save something for the future.  Make a list of all the things that you will NEED money for in the future and put them in 'date order'. Start with whatever's next in your future and end with your death (sad but inevitable).  Common needs are:

Emergency Funds / House Purchase / Children / Life Insurance / School Fees / University Fees / Paying for Weddings / Grandchildren / Retirement / Long Term Care / Funeral Expenses.

Don't worry about how much you have.  Save something for something.  
Don't worry how little you start with - MAKE THE COMMITMENT.  Having started you should -

  • Keep a record of what you are saving for.
  • Update your income and expenditure list at least once a year (remember bad habits.  Look for and stop wastage).
  • As your 'disposable' income grows consider allocating to each of your needs on a percentage basis.
  • Get someone qualified to give you an informed opinion on your 'Financial Plan'.     
  • ​KEEP GOING.

What's Next?

Behavioural Personal Finance:  An interesting look at why people cannot be relied on to do the 'right' thing for their future.

How Can I Help?

Follow up today with a Seize Control of Your Money Session:
I can help with your specific issues in a private 30 minute one-on-one session delivered live online via Zoom Video.  
​
£0.00.
BOOK NOW.
​Arrange a 'Personal Finance' online group workshop.
It's important to stress the difference between the principles involved in good financial planning that a Seize Control of Your Money session offers and the advice/sale of selected financial products, instruments or services of which we have no direct involvement.​
BOOK A PRIVATE ONLINE COACHING SESSION TODAY
Hello,

'"Success through soft skills, continuing education and growth..."

The content of this website is based on my experience, education and the hundreds of coaching sessions I have delivered online. 

I am also a representative of an FCA regulated company which means that my financial education activities fall under the rules of a very powerful consumer protection body. 

The FCA is the UK's financial regulatory body with a wide range of powers designed to protect consumers from firms that do not meet the desired standards.  The FCA can; stop firms and individuals from conducting regulated activities.  Fine firms and individuals who break the FCA rules.  Make any action taken against firms and individuals public.  Bring criminal proceedings where warranted.  The full scope of their powers can be found in the Decision procedure and penalties manual (DEPP).

Coach Walsh 2021.

Please Note;
  1. ​Unless otherwise stated, the use of third party videos on this website in no way implies any support or backing of the individuals/organisations involved.  They are just informative videos chosen for their quality and educational value.
  2. Any observations or comments I make that reference third-party works are to be taken as MY understanding of that work.  For this reason all writing should be taken as a personal commentary that may not be accurate and may not accurately reflect the views of the authors and/or publishers. 

Copyright 2012 - 2021. All Rights Reserved.

NOTE:  I am constantly updating and proofreading the website.  It is a big job and mistakes are sometimes overlooked.  If you spot any errors it would be a great help if you email me and let me know.
  • Home +
    • About & Terms
    • Book Appointment
    • Payment Page
    • Business Opportunities
    • Suggested Videos List
    • Suggested Reading
    • 469BCe - Our Name?
    • Contact
    • Wellness >
      • The surprising science of happiness
    • Acknowledgements
  • Coaching Pages
    • Workplace Coaching Intro >
      • Recognising Potential
      • Developing In-house Coaches
      • Coaching a Superstar
      • Personality Types
      • Marketing
      • Grow Your Passion
      • Feedback
      • Leadership Responsibility
      • Live in the Moment
      • Motivating Others
      • Persuasion
      • The Need For Recognition
    • Public Speaking Intro >
      • Public Speaking Overview
      • Speaking Naturally in Public
    • Build a Business Intro >
      • Customer Acquisition
      • Customer Retention
      • Change Management
      • Negotiation Skills
      • Find out if you are a dictator
      • Team Building
      • Communicating Successfully
      • Leadership Styles
      • Strategic thinking
      • Productivity
      • Problem solving
      • Being Assertive
      • Networking
      • Conflict resolution
      • Influence and Power
      • Motivation
      • Performance Assessment
    • Soft Skills Selling Intro >
      • Practical Sales Skills
    • Work From Home Intro >
      • Work Home Environment
      • Time Management
      • Technology
      • Routine & Discipline
      • Business Insurance
      • Building Your Business
      • Mindfulness
      • WORK + HOME = LIFE
      • Managing Money & Business
      • What is Success?
      • Managing Expectations
      • Communicating With Clients
      • Contingency Planning
      • Succession planning
    • General Coaching Pages
  • Team Building Event
  • Walking Basketball
  • Online Coaching
  • Surrey Scorchers
    • Diary 2020-21
    • Diary 2019-20
    • Winning mentality
    • Performance anxiety and stress
    • Ethics and morals
    • Autonomy vs Team
    • Self Image
    • Making time for family and friends.
    • Relationships with teammates
    • Trust and knowing who to listen to
  • Personal Finance
    • Overview of UK Money
    • Getting Financial Advice
    • Life Insurance and Serious Illness
    • What Is A Financial Plan?
    • What Is Cash Flow?
    • Budgeting
    • Managing Debt
    • Joint Finances
    • Wills & Trusts
    • Earning Extra Cash
    • Financial Literacy
    • Buying a House (UK)
    • Children Change Things
    • Retirement
    • Long Term Care
  • Blog
  • Podcasts
  • Shop
  • Sponsor Members
  • Sponsor Members Blog
  • Search Page