JUGGLING CAN BE TRICKY
DOES IT FEEL LIKE TIME'S NOT ON YOUR SIDE? WANT MORE TIME?
As an endurance athlete, your training places significant demands on your time over and above the average individual.
There are also more challenges to getting things done.
Maybe you’re running your own business or working as an executive or professional.
You want to spend meaningful time with your spouse and kids…
Ideally when you aren't distracted by work or too tired to be part of their lives.
But what about all those other balls you’re juggling? Like ensuring the car is registered, insured and maintained, your home IT systems are protected, there’s food and drink at home and the washing is done, the dog is walked and fed, oh, and if you get hit by a bus your family will still be ok?
How can you manage to perform at your best when you are being weighed down by all of these pressures?
And how can you ensure that the really important things aren't left to chance (or the vagaries of a stretched memory)?
Essentially you have to become more ruthless in how you manage your time and tasks…
And recognise that you just don't have any time to waste.
Talk to an experienced financial advisor about your goals, and determine the next step for making them happen quicker.
Case Study: Chris & Sue
Chris & Sue came to see us thinking they had things pretty well under control - and financially, they did.They had a business that was providing them with a great income that meant they weren’t worried about money. Their home loan was on track to being paid out in 2 years, and they would have enough to be financially independent 5 years after that. Unfortunately, they hadn’t had a real holiday in over 10 years. Everything revolved around the business - even their participation in major events was shoe-horned into a business trip. While it looked glamorous from the outside, the one thing they spoke about really wanting was going on a simple camping trip with their kids for the weekend - but they’d been trying to make this happen for over 5 years and still hadn’t found the time.
One of the strategies we spoke to them about was delegating the day to day management of their long term investments, but they were reluctant to consider this.
They ‘enjoyed investing’ and wanted to maintain their hands on role.
We had a number of difficult conversations with them. Spending time with their kids was a key goal, but having come from a poor background, building a nest egg big enough to make them independent was also very important.
In the end, they recognised that what held them back was the fear of handing over control of their money and being ripped off by the person they trusted.
So they invested some more time, and did more due diligence.
When they were confident they decided to entrust their money to us, to give themselves more time with their kids.