Do you feel like you are being left behind?
I caught up with a mate for a beer over Christmas. He was complaining to me about how despite earning a really good income, he never feels like he has any money.
He was getting frustrated because he looks around and see’s others who must be on similar incomes and they’re driving nice cars and heading o/s for holidays while he’s struggling just to pay his bills.
Looking into it, his problem is he’s recently bought a new home and has a sizeable mortgage that soaks up a big chunk of his income – and it’s going to be that way for a long time.
We spent some time modelling his plans for him which showed that he was actually on track to pay out his mortgage over the next 10 years, which surprised the hell out of him.
What’s even better is that he’s also on track to build up enough to retire on when he’d planned.
This is so much better than what he thought (and feared).
Just being able to see that he is making progress took away his frustration and gave him confidence that he is on the right track.
If you’re frustrated with your financial position, spending time modelling the path you are on could make a big difference.
If you’d like to talk to us about helping you with this you can book a meeting with us by clicking here.
