Lifestyle financial planning
The wealth accumulation phase generally requires more robust and strategic financial planning as you intentionally work towards achieving financial freedom. With higher levels of income and a well-crafted financial plan, your financial goals should feel within reach, and you should
In a money market account, you will always know how much interest your funds will earn each month as these rates are available upfront. As a result, you will always know the value of the funds in your account on
Whereas traditional advice was often designed to address a specific need in a client’s portfolio - generally in the form of a commission-based product sale - lifestyle planning takes a holistic view of the portfolio to identify shortfalls or areas
Tracking your expenditure and knowing exactly where your money going is a surprisingly empowering exercise. Take time to go through your bank statement and make sure you can account for every cent you have spent.
