Trusted Financial Advice
Model the “what if” scenarios
Model the "what if" scenarios
It’s important to have realistic expectations of what your financial resources can achieve, to give you peace of mind that you can achieve what you want, when you want, without putting your future plans at risk.
Key to this is understanding how each financial decision can affect other areas of your financial plans.
You also need to visualise that if there are any future bumps in the road on your journey, you’ve considered different ‘what if’ scenarios and have taken the right approach to protecting yourself and your family against the consequences.
Cash Flow Modelling
As part of the financial planning process is also vital if financial goals are to be achieved, such as repaying your mortgage, buying a holiday home, paying for school and university fees and being able to retire when you want to. It is also important that you have sufficient funds for emergencies to provide for unexpected expenses, such as a job loss or long-term illness.
