gnf_ireland
Registered User
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Similar to New Years Resolutions, I am wondering do many people make 'financial' resolutions for the year ahead, and if so what type of things do they consider?
Over the last 2 years, I have evaluated and switched both my mortgage and my pension to get substantially better deals, as part of my 'New Years Resolutions'. I will continue to keep an eye on the mortgage situation, and switch again if it is financially worth by while to do so.
This year my 'financial resolution' is to engage an independent (fee paying) financial planner/adviser to evaluate by financial position and incorporate any suggestions/proposals they make into my financial plan for the year. Being 20-25 years out from retirement, I think it is a good time to do this.
This will include determining a replacement 'investment' for my children's education fund - currently monthly contributions with Rabo-direct but this is coming to an end from April.
I also plan to review all relevant 'insurances' as a self-employed person should, including death in service, income protection, critical illness etc, and re-quote for existing life cover and mortgage protection cover just in case it is available cheaper elsewhere.
Anyone else do similar things, and if so what do you consider?
Over the last 2 years, I have evaluated and switched both my mortgage and my pension to get substantially better deals, as part of my 'New Years Resolutions'. I will continue to keep an eye on the mortgage situation, and switch again if it is financially worth by while to do so.
This year my 'financial resolution' is to engage an independent (fee paying) financial planner/adviser to evaluate by financial position and incorporate any suggestions/proposals they make into my financial plan for the year. Being 20-25 years out from retirement, I think it is a good time to do this.
This will include determining a replacement 'investment' for my children's education fund - currently monthly contributions with Rabo-direct but this is coming to an end from April.
I also plan to review all relevant 'insurances' as a self-employed person should, including death in service, income protection, critical illness etc, and re-quote for existing life cover and mortgage protection cover just in case it is available cheaper elsewhere.
Anyone else do similar things, and if so what do you consider?