in keeping your resolution if you have a clear idea or what the goal looks like. What are you going to buy? How much will it cost? How much do you need to save to get it?


Try to consider the fact that money is just a means to end and, rather than focusing on the means, focus on the end... after all, the “end” is much more likely to keep you motivated in the long run.


To conclude; make resolutions, by all means, and make sure they pay as much attention to your wealth as they do your health but, whatever they may be, have a clear idea of the goal that you want to achieve at the end of it. After all, that will be the only thing that really drives you once the initial enthusiasm for the resolution itself has waned.


Increase your chance of Success


Kevin Whitmarsh, Partner


Did you have any resolutions this year? According to a recent study the majority of resolutions are broken within just nine days into the New Year.


A look at our planning service indicates how you can give yourself a better chance of success.


There are several key steps to success: 1) Split your resolutions into easily manageable segments – short, medium and long-term goals.


2) Be realistic about your current circumstances and what you may be able to achieve.


3) Write down your goals and review progress regularly.


Our Financial Planning process incorporates all of these points.


First of all we listen to what you really want to achieve, personally, for your family and future generations or perhaps for your business.


Although many of your aspirations will not involve money, more often than not, there will be financial implications. Short-term objectives may be saving for a special holiday, while longer term objectives may be ensuring your financial security in retirement, or passing your wealth down as a legacy to your family.


We then work with you to look at your current and future assets, liabilities, income and expenditure.


Understanding your current position lets us offer practical help of how we can better achieve your stated objectives and future goals. It also helps us identify and explain any potential obstacles you may face and how best to overcome them.


The plan is written down so you can refer to it whenever you want and we review the plan regularly, at least once a year. This ensures flexibility and that the plan remains current and takes into account any changes in your circumstances.


To see how we can secure your financial future please speak to your usual Old Mill contact.


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