Six Steps To Help You Achieve Financial Security

Posted:
11:52 am on March 5, 2021



Update:
12:09 March 5, 2021

Take one step in the right direction – or six to be precise – and find out how a financial advisor can help you reach your goals and keep your family safe.

Carl Lamb from Smith and pinch Financial Services Limited in Norwich, explains how a financial plan can help you prepare for whatever life throws at you:

1. Start your financial journey


Carl Lamb is a Certified Financial Planner and qualified as a Certified Financial Coach (CMC) ® with the Money Coaching Institute.
– Credit: Archant

Everyone’s financial journey is different, but we’re here to give you the advice you need. We spend time getting to know you and your goals for the future.

It is important that we understand your current financial situation and what you have accumulated to date, as this will allow us to develop a tailored financial plan to help you get to where you want to be. Whether it’s saving for a deposit, buying your first home, or simply managing your finances better.

We never know what’s in store for us, but financial planning can provide you with security and peace of mind to help you deal with any curved balls that may come your way.

2. Protect your family

We can help you put the right protection in place to ensure that no matter what happens to you, you can continue to provide for your family. You can buy life insurance, protect your savings, and make sure your debts are covered.

Covid-19 has made life more difficult for many – it puts jobs at risk and may have affected your monthly income. Income protection can help if you’re unable to work, and we can put plans in place to help pay your bills.

3. Build your heritage


Dad cooks in the kitchen with his son at home in Norwich

Investing your money wisely can help you build your wealth and save money for your child’s future.
– Credit: Getty Images / iStockphoto

Using a financial advisor can help you get a better return on your income compared to managing your finances yourself. We’ll help you find the right financial products that, combined with good planning, will help you invest your money wisely, grow your savings and avoid paying unnecessary taxes.

4. Plan your retirement

The pandemic may have changed your priorities and forced you to focus on other things, like wanting to work less and spend more time with those close to you. We can help you structure your income to support you during your retirement.

For the self-employed, building up a pension can be difficult without access to a work scheme. We can make a long-term investment plan to help you save money for later.

5. Write a will and prepare your estate

Making a will and appointing powers of attorney can take a toll on your mind. We can help you preserve your wealth, reduce tax burdens through inheritance tax planning and ensure the transmission of your wealth as you wish.

6. Planning of childcare costs


Retired grandparents walking on the beach with their grandchild in Norfolk

A financial advisor can help you structure your income to support you throughout your retirement and give you the confidence to lead the life you want.
– Credit: Getty Images / iStockphoto

Health care services can be expensive and often have to be paid for by the individual. Planning can help cover costs, relieve stress on your family, and make sure you get the help you need.

We can guide you through applying for financing options, finding ways to free up equity in your home, or setting aside funds so you can cover child care costs. You can revisit the way you retire or consider selling your property or assets.

Why choose a Smith & Pinching independent financial advisor?

For more than 40 years, we have been alongside our clients and helping them at every stage of their financial journey. We continued to reassure and educate people throughout Covid-19 to reassure them.

We are an independent, licensed financial planning firm – each of our advisors are highly trained and can help you find the financial solutions you need. You can count on us to provide professional, personalized and friendly service.

Our dedicated investment team can manage your investment portfolio and work with your financial planner to give you complete assurance that your finances and your future are in the best possible hands.

We have invested in our local community and are committed to helping improve the lives of the individuals and families who make it up.

Visit smith-pinching.co.uk for more information.

Call Carl on 01603 789966 or email [email protected] to start your financial journey.

The opinions expressed do not constitute advice. The value of your investment can go down as well as up and you may get back less than the amount invested.