From an early age most of us are encouraged to save. Do you remember your first piggy bank or opening a savings account at your local bank or Post Office as a child? Whether we are putting our money in a piggy bank, or into a multinational investment company, our aims are broadly the same; to provide for our future needs, and to protect ourselves against unexpected causes of expenditure.
The first step in achieving everyday and longer-term financial goals is starting to save. No matter where you are in life or what your dreams may be, we can help you make progress on achieving the things (whether big or small) that make life better.
1st Financial Foundations provide solutions for the diverse needs of our clients, enabling each individual to structure their finances as efficiently as possible. Wealth creation and management is an ongoing process, and we recommend that you review your financial circumstances on a regular basis to ensure the best chance of your objectives being met.
Ideally your wealth plan should be set up to balance your objectives with the amount of risk you are comfortable taking with your money. For example, do you want to leave the interest generated on your capital in place to grow or would you prefer the interest to form part of your income when you retire? Would you be happy with higher-risk investments for the potentially greater capital rewards or would you lie awake at night worrying about losing your money? These are questions an Independent Financial Adviser can help you answer.
1st Financial Foundations can help you make informed decisions about the investment choices that are right for you by assessing your life priorities, goals and attitude towards risk for return. Any number of changing circumstances could cause your wealth to diminish, some inevitable and some unpredictable – new taxes and legislation, volatile markets, inflation, and changes in your personal life. Structuring your wealth in a way that minimises the impact of these changes is essential.
At 1st Financial Foundations, we understand that not everybody is comfortable with investing, and so we’ll make sure you can achieve your financial objectives in a way that doesn’t leave you suffering sleepless nights.
The value of investments and the income derived from them may go down as well as up, and you may not get back the amount originally invested