Key note
This document discusses the importance of financial planning. It begins by sharing alarming statistics about how many people are financially insecure or unprepared for retirement. It then provides tips for taking control of your finances such as getting organized, creating a budget, repaying debts, saving for retirement and protecting your family. Paul Mcoubrey, a financial planner, then outlines his seven steps for achieving financial security which include living within your means, developing a budget, paying off debts, making your money work harder, protecting your income and family, planning and saving for retirement, and regularly reviewing your finances. The document emphasizes seeking advice from a financial coach you trust to help put you on the path to financial well-being.
Key note
- 1. Your Money & Your Life Planning for the future while living for today PAUL McCOUBREY FINANCIAL PLANNER
- 2. Did you know... 95% of people are dead or dead broke by age 65
- 3. Did you know... 7 million people are afraid to talk about money with people they know
- 4. Did you know... 4 million people run out of money before the end of the month
- 5. Did you know... 70% of people have made no provision to cover a fall in income
- 6. Did you know... 47% of adults have no family protection
- 7. Did you know... 40% of people who own Equity ISAs are not aware that it fluctuates 15% of people with Cash ISAs think its value does.
- 8. Did you know... 8 out of 10 retire with a pension of less than 贈38 per week!
- 9. You and your money...
- 10. You and your money...
- 11. You and your money... Get organised Income vs. expenditure Set a budget Net worth Debt repayment plan
- 12. You and your money... Financial & Retirement Family / Friends Career Health / Fitness Personal Development
- 13. You and your money... Start saving Repay unsecured debts Make your money work harder for you Protect your family Wills, Life Insurance Plan & Save for your retirement Review, Review, Review
- 14. You and your money... Seek advice and support if needed
- 15. Pauls 7 steps to financial security
- 16. Pauls 7 steps to financial security... 1. Live within your means & pay yourself first!!
- 17. Pauls 7 steps to financial security... 2. Develop a budget
- 18. Pauls 7 steps to financial security... 3. Pay off unsecured debts
- 19. Pauls 7 steps to financial security... 4. Make your money work harder for you
- 20. Pauls 7 steps to financial security... 5. Protect your income & your family
- 21. Pauls 7 steps to financial security... 6. Plan and save for your retirement
- 22. Pauls 7 steps to financial security... 7. Revisit & Review
- 23. What should you look for in a Financial Coach?
- 24. What should you look for in a Financial Coach? Recommended by someone you trust Someone who has experience Someone who doesnt charge for the first meeting Someone you can build a relationship with Someone who is confident and you can see knows what they are talking about Someone who is proactive but not pushy Someone who is open about how they make money Someone who answers your questions
- 26. Good money sense needs to be as much part of people's lives in the 21st century as healthy eating and keeping fit Otto Thoresen, Designer of the UK national money guidance service
- 27. Thank you PAUL McCOUBREY pmc@financialchoices.co FINANCIAL CHOICES TELEPHONE 0845 257 5861 1 BELMONT OFFICE PARK FAX 0870 705 1765 232 BELMONT ROAD EMAIL office@financialchoices.co BELFAST BT4 2AW WEB financialchoices.co Financial Choices UK LLP is a limited liability partnership registered in Northern Ireland with registered number NILLP3 and registered office 1 Belmont Office Park, 232 Belmont Road, Belfast, BT4 2AW and is authorised and regulated by the Financial Services Authority.