Many of the people I meet with have the problem of trying to balance their desires within the limits of their financial resources. For a smaller group, their financial position offers them a greater range of opportunities. Provided they prudently manage their affairs they have more than enough to provide for themselves. So the question then becomes, […]
READ MOREWhen are your children grown up?
I had a conversation with a lady yesterday that left me wondering, at what point are your children actually grown up? She wanted some advice because her 28 year old daughter had asked for help to buy a property, but the amount being requested concerned her. She felt uncomfortable because she didn’t think she could afford […]
READ MOREChildren and inheritance – how can you protect them?
If you have a standard Will and your children are beneficiaries, they will receive their inheritance when they turn 18 years old. How would your 18 year old self handle your money? Do you remember what you were like as an 18 year old? If you find it difficult, that might be a reminder of […]
READ MORE