Coping in Challenging Times

As we work our way through the consequences of Covid and being confronted daily with the turmoil in global politics, it is important to take some time to consider what is the most important matter you have to deal with.

That is you (including your family)

Let’s face it; inflation will go up and down, pandemics will come and go, Governments will stand and fall, the weather will get better or worse.  But we all have to carry on.

Our responsibility must focus on ourselves and our families.  We have to make sure we can cope with whatever comes our way.

Part of being able to do that means we need to be able to manage the financial risks we face.

Answering the following questions enables you to undertake your own self-diagnosis

  1. What happens if you are made redundant?
  2. What happens if you or your spouse/partner died or had a heart attack, was diagnosed with cancer, or permanently disabled?
  3. Could you fund the cost of a non-urgent but needed operation or special tests or treatment for yourself or your children?
  4. How much will your insurance premiums increase by next year?
  5. Is your debt level manageable in times of adversity?
  6. Do you have a retirement plan?
  7. Do you have a ‘Rainy Day’ fund equivalent to three months of your living costs?

These are the questions we can help you deal with; we may not be able to respond to all of these immediately, but we can help set you on the path so you can manage these yourself.

Our job is to help you identify and manage these ‘question marks’ and create for you a more ‘certain future’.