How Does Your
Financial Future Look?
Do you know what your finances look like today? If so, that’s great— you’re on the path to setting your financial goals, even if you didn’t know it! This is crucial for anybody, and it’s especially important in today’s climate.
However, knowing where you are is only the first step towards planning your financial future. Do you also know where you want to go? And if so, do you know how you’re going to get there? These steps are just as critical to helping you achieve your goals, such as retiring early, donating to charity, or helping your family financially. Whatever your image of the future is, today’s the day to get started on creating it.
We’ll Help You Get Where You Need To Go
Whether you’re on step one, two, or haven’t yet made any strides towards your goals, there’s no need to worry— it’s never too early or too late to plan your financial future.
At Greenfields Financial Management, we help people of all ages and in all stages of their lives to answer important questions and determine where they want to go and how they might get there. With our expertise, years of experience, and tools such as lifetime cash flow forecasting, we can give you the freedom to enjoy your life as it is without having the cloud of future financial stress hanging over your head.
Looking Out For You
And Your Lifestyle
We understand that no two people, or their finances or goals, are the same. That’s why we take the time to get to know you, take stock of your financial situation, and show you different scenarios of what your financial future may look like. With as much of a focus on the ‘good’ as on reducing risk, we take a holistic approach to your finances as a whole to help you achieve more and worry less.
Interested in finding financial peace of mind?
Start your journey with Greenfields and discover what’s possible.
The Benefits Of Lifestyle
Financial Planning
Lifestyle financial planning takes stock of your life goals, values, and aspirations and helps you create your vision for the future. Doing this now can help by offering you:
- Clarity on what your priorities are
- Help to focus on your goals
- Confidence in your financial future
- Improved financial wellbeing
- A greater sense of purpose
- Better decision-making
- The ability to make more informed and effective choices
Your Lifestyle Financial Planning Questions Answered
Lifestyle financial planning is an approach to financial planning that focuses on aligning your finances with your life goals, values, and aspirations. It takes into account your personal situation, future aspirations, and lifestyle objectives to create a comprehensive plan that integrates financial planning with life planning. This approach seeks to provide clarity and focus, flexibility, and adaptability while improving financial well-being and creating a greater sense of purpose and fulfilment.
Lifestyle financial planning differs from traditional financial planning in that it places more of an emphasis on aligning your finances with your overall goals in life. While traditional financial planning focuses on achieving specific financial targets, lifestyle financial planning takes a more holistic approach that integrates financial planning with life planning. It considers the impact of financial decisions on your overall well-being and aims to create a flexible and adaptable plan that’s aligned with your long-term vision for the future.
The benefits of lifestyle financial planning include clarity and focus on your financial goals, flexibility and adaptability to changes in your life, improved financial well-being, a greater sense of purpose and fulfilment, and better decision-making. By aligning your finances with your goals for your life now and in the future, lifestyle financial planning can help you achieve a more fulfilling and meaningful life while also creating a solid financial future.
Regardless of what your life goals are, you need a plan to reach them. By aligning your finances with your life goals, you can create a plan that supports your vision for the future— whatever that looks like. This approach provides clarity and focus on your financial goals and priorities, and helps you make informed decisions that are in line with those. Lifestyle financial planning also takes life’s unpredictability into account and allows for flexibility and adaptability to changing circumstances so that you can stay on track towards achieving your goals over the long term.
To create a financial plan that aligns with your lifestyle and values, you should start by identifying your life goals and values and then determining the financial resources required to achieve them. This generally includes creating a budget that takes your current income and expenses into account, as well as any future financial obligations, such as retirement or education expenses. You should also consider your risk tolerance and investment preferences. Regularly reviewing and adjusting your financial plan as your life circumstances change is also important to ensure that it remains aligned with your values and goals over time.
If you’re not sure what your financial plan could look like, an experienced financial planner such as our team at Greenfields Financial Management can help.
When creating a lifestyle financial plan, there are several factors that you should consider. These include your life goals and values, your current financial situation, your income and expenses, your debt and savings, your risk tolerance, and your investment preferences.
You should also consider any future financial obligations, such as retirement or education expenses, and factor in the potential impact of inflation and taxes on your finances. It’s also important to consider the unpredictability of life and plan for contingencies, such as job loss or unexpected expenses. By taking into account these factors, you and your lifestyle financial planner can create a comprehensive financial plan that aligns with your lifestyle and values and supports your long-term goals.
A financial planner plays a critical role in lifestyle financial planning by helping you achieve financial security and peace of mind, all while living a fulfilling life. They provide guidance and help you to develop a comprehensive financial plan that considers your income and expenses, savings and investments, risk tolerance, and future financial obligations. They can also provide ongoing support, and advice and assistance with reviewing and adjusting your plan throughout your life.
If you want to know if you’re on track to achieve the life you envision for yourself, a lifestyle financial plan may be just what you need. These can be helpful for anybody, but especially for people who want to manage their money more effectively, reduce their debt, or build a secure financial future.
If you want to know if you’re on track to achieve the life you envision for yourself, a lifestyle financial plan may be just what you need. These can be helpful for anybody, but especially for people who want to manage their money more effectively, reduce their debt, or build a secure financial future.
Lifestyle financial planning can help you manage your debts and expenses by providing a comprehensive view of your financial situation and identifying areas where you can optimise your spending and debt management. A financial planner can help you develop a budget and spending plan that aligns with your values and priorities and identifies ways to reduce unnecessary expenses. They can also help you develop a debt management plan that prioritises paying off high-interest debts and establishing a repayment plan for other debts.
Retirement lifestyle planning is an approach to retirement planning that takes into account not only financial considerations but also personal goals, interests, and values to create a fulfilling and enjoyable retirement lifestyle.
Traditional retirement planning primarily focuses on financial planning, such as calculating how much money you need to save for retirement, selecting the right investment products, and creating a retirement income stream. While financial planning is an essential component of retirement planning, retirement lifestyle planning takes it a step further by considering non-financial aspects of retirement, such as what you want to do in retirement, where you want to live, and what kind of lifestyle you want to lead.
While it’s not possible to plan for everything that may happen in the future, some steps you can take to reduce financial stress include building an emergency fund, taking out insurance (life insurance, disability insurance, and so on), revisiting your plan regularly, and being open to changes in your lifestyle and financial goals.
Once you have your financial plan, make sure you regularly review your budget, monitor your investments, and update your plan as your circumstances change. This can be easier said than done, so feel free to reach out to a professional such as our team at Greenfields Financial Management for help and advice should you need it.
Finding a reputable financial planner is an important step to take when creating a lifestyle financial plan. You can find a reputable one by researching their credentials and qualifications, reviewing their testimonials, and conducting interviews to make sure you’re comfortable with them before proceeding.
There are many online resources available such as websites, ebooks, and professional organisations that can help you learn more about lifestyle financial planning, though these methods will be quite generalised. Financial advisors are a great way to find personalised guidance on lifestyle financial planning that takes your specific goals and finances into account.
Why Greenfields Financial Management?
Offering Long-Term,
Ethical Financial
Planning
While some companies may see you as just a number, we see you for who you are— and we want to keep seeing that well into the future. We pride ourselves on creating long-term relationships to help you find long-term success.
Personalised
Approach
Our expert team knows that no two people have the same path in life. Whether your goal is to retire earlier, plan for holidays, or save for school fees, we’re here to help you plan whatever you need.
Covering
All Bases
We approach your lifestyle financial management from a holistic point of view, promoting the ‘good’ while also reducing your risk with the aim of protecting you and your future.
Building Your Future
You want to enjoy your lifestyle today, but make sure you don’t forget about your lifestyle for tomorrow! Lifestyle financial planning is all about helping you to move towards financial freedom while maintaining— or even improving— your current lifestyle. Let us keep an eye on your investments and your nest egg while you live the life you envisioned.
Want To Enjoy Your Money
And Your Life?
Lifestyle financial planning is all about marrying the life you want to live with your finances now and into the future. At Greenfields Financial Management, we’re your local, independent team dedicated to providing one-on-one tailored support to help you create and reach your goals— whatever they may look like!
We use our experience, expertise, and resources to keep your future lifestyle in mind so that you have the best chance of living it when you get there. If your future is a priority to you, we can’t wait to hear from you— book a call to build your future with us today.