Transcript

Nimol Rajkumar

In the last wealth check-up session, we looked at your current financial position. Now we’ll focus on the future. Ultimately, your finances are a means to help you and your family enjoy a good standard of living. So what are your plans and ambitions? Are there any particular events you need to save for? Perhaps you’ll be moving to a new home or doing up your current one, there could be a new car to pay for, or maybe just that wonderful holiday you’ve always dreamed of.

If you’re a parent, you might want to help your children through higher education or get a foot on the housing ladder. Whatever you can see coming down the line, we’ll help you get ready for it by building up your savings and investments. From midlife, you should be focusing on these things as well as adding to your pension pot to support you when you retire. And in addition to what you can see coming down the line, there are also uncertainties.

You might have some unpleasant surprises to deal with, long-term ill health, redundancy, or divorce can be financially tough. Changes in the economy could have an impact too as we’ve all seen with COVID-19. So we’ll help you plan for unexpected events beyond your control. On a more positive note, you might have a pleasant financial surprise or two in your future. So we’ll also cover options to make best use of a financial windfall.

There’ll be activities that explain what you’re learning and the quiz at the end too. They’ll help you plan for the good times and build financial resilience to cope with the challenging ones in the coming years.