Wednesday, May 2, 2018

Financial planning for the future generation


Most parents would like to provide their children with a life that they can enjoy. What that looks like can differ greatly from one family to another, and even from one parent to the other. Many parents would like to provide financially for their children into adulthood, and then there are others who prefer to focus on life skills, and have a sink or swim attitude (no prizes for guessing where I sit on the spectrum).

One of the things that we always ask at Achieveit Financial Planning is what your ambitions for your children are. Your answers can tell us a lot about where you sit, and what kind of allowances that will need to be made for your own personal financial plan. For instance, if you would like to help your children attend University, then we need to establish what that assistance will look like, and work that into your future cash flow considerations. Or perhaps University isn't a priority, but giving the children a leg up into the property market is? Others still may provide board-free accommodation until the children are in full time work, and then they're out on their own. There really is no right, or wrong choice, as long as the expectations between the child and the parents are communicated.

Having this conversation about your children, with your partner is essential. There is the chance that you may not be on the same page, in which case, you will need to negotiate to find some common ground. Once you have these goals in mind, then we can start planning for them. What is your timeline, and how can we best use your resources to accomplish your goals? As always, the earlier you start with these things, the better.

Find Erin* at Achieveit Financial Planning, or call for an appointment on 07 4638 5011.
*Authorised Representative of Securitor Financial Group Ltd ABN 48 009 189 495 AFSL 240687
This is general information only and does not consider your personal circumstances. You should not act on any recommendation without obtaining professional advice specific to your circumstances. We recommend you speak to a financial adviser before acting on any of the information you read on this website.

25 comments:

  1. Your post is excellent and helpful because I'm a student and know that sometimes students think about their financial issues. I depend on myself for all expenses of study. I also do a job for continuing my study, but sometimes I don't submit assignments before the deadline, and last time my teacher assign me an essay writing, I didn't write the essay. When the deadline for submitting the essay came, I was anxious about offering the essay to the teacher. My friend Harry suggests an online writer who will write my essay for me cheap. I got the writer's complete essay and submitted it to the teacher. After this submission, my friend and I' do a Financial plan for the future.

    ReplyDelete
    Replies
    1. Financial planning for the future generation is crucial, and this blog highlights its significance beautifully. Teaching young adults about budgeting, investing, and saving sets them up for success. It's like having a safety net for life's unexpected expenses, such as hot water tank repair Ottawa residents can now prepare financially for any emergencies while securing their future. Great advice for a solid financial foundation!

      Delete
  2. This was definitely more than financial exhortation. It added up to 'financial life training', a generally new expert field that regards cash and life as interwoven and is really comprehensive in its methodology. https://dr-goz-peter-ugyved.business.site/

    ReplyDelete
  3. We have the best of the best lot of girls with us at Model Aerocity Model Escorts Services, Delhi agency.Cheap Call Girls in Ajmer At our agency with the sole aim in mind and that is to provide our clients with the ultimate satisfaction because where we are today is only because of the repeat bookings from our clients we get.Cheap Call Girls in Ajmer You will be surprised High Class Escorts in Haridwar to know that despite providing such a model faced beauties our prices are very reasonable as compared to the other High Class Escorts in Delhi escorting agencies that provide far inferior services than the ones we offer here at Model High Class Escorts in Ahmedabad.


    ReplyDelete
  4. I am an academic writer, and I have written on many academics Writing, the best of which was Business Marketing Essay. And my intention here is to get into the future and work on many academics and provide good service.

    ReplyDelete
    Replies
    1. Our service has the best writers who have years of expertise in academic writing service. Essay Writing Service UK cheap provides free revisions, plagiarism checks, and 24/7 customer support. If you are curious, then visit our website and reach out to our expert and top academic writers without delay.

      Delete
  5. When you have no idea about dissertation writing contact her for Dissertation Help

    ReplyDelete
  6. Excellent advice! I wish I'd known about this book trailer video 30 years ago when I was younger! I'm catching up! However, nicely done! Thank you for sending this message!

    ReplyDelete
  7. Thanks for sharing such great information with us. If you guys are looking for high-quality Electrical Conduit Pipe Fittings so, you can choose Adamjee DuraBuilt hope this will be the best choice for you.

    ReplyDelete
  8. If you want to prevent from the above points, then you should need to receive guidance from our reputable organization At Can Someone Write My Essay. we provide quality online essay writing service in the UK with affordability.

    ReplyDelete
  9. Excellent post about financial planning for future generations. Yes, financial planning is very important, and most parents will focus on financial planning for their children. These days most people create a personal investment portfolio—also, it's a good habit to manage your money and regulate your expenses wisely.
    Write My Dissertation

    ReplyDelete
  10. First you got a great blog .I will be interested in more similar topics. i see you got really very useful topics, i will be always checking your blog thanks.
    Source: website design service

    ReplyDelete

  11. Thanks for sharing such useful information. Please take a look at my website.
    Source : logo and branding services Australia.

    ReplyDelete
  12. This is informative article about financial planning. It's nice post. These point is really good for new generation. Keep it up. Now it's time to avail shutters in birmingham for more information.

    ReplyDelete
  13. I read your post. This is really interesting information for us. They talk about planning. Keep it up. Now it's time to get Vfix services https://www.vfixphonesandtech.com/ for more information.

    ReplyDelete
  14. Financial planning is a key of success for the future generations you should have to set your goals by doing financial planning in order to achieve success. TOlindo is a delivery services company who are providing their services very efficiently with their dedicated team . They just don't provide instant deliveries but also delivers on scheduled days that makes them the Best Courier Service of Toronto

    ReplyDelete
  15. Wow, this the nice planing and this is very helpful for people thanks for posting this and keep it up.
    from:- digitizing services

    ReplyDelete
  16. Financial planning for the future generation is an important topic for many families. One of the best ways to ensure that your future generations enjoy financial stability is to invest in buy networking devices. Investing in networking devices today can be a major asset to your family for the generations to come as it provides secure access to the digital world which can have a major impact on financial decisions. It is definitely worth the investment as it can provide an innovative and secure way to manage finances for generations to come.

    ReplyDelete
  17. The conventional cowhide coat is dark, yet the piece of clothing is additionally accessible in different impartial tones, similar to brown, dim, white and beige. A2 Jackets

    ReplyDelete
  18. Financial planning for the future generation is an important topic for many families. You described this topic very well. I will share this article with my friends. Now its time to avail Kabou taxi cab services in Southfield Mi for more information.

    ReplyDelete
  19. Financial planning for future generations weaves a legacy of stability and opportunity. How Play Games Strategic investments, education funds, and estate considerations ensure a prosperous inheritance.

    ReplyDelete
  20. Exploring financial planning for the future generation is crucial, with different parental perspectives on providing for children's lives. Achieveit Financial Planning emphasizes understanding parents' ambitions for their children, whether it's supporting education, entering the property market, or fostering independence. Communication between partners is key in aligning expectations. When it comes to planning, setting goals and timelines early on enhances resource utilization. For comprehensive financial planning and effective communication, consider integrating professional Digital Marketing Services into your strategy.

    ReplyDelete