It’s Time to Start Thinking SMART
Growing and protecting your estate for the benefit of your loved ones is a key aim of the majority of our clients. Working together, we provide your family with financial security and freedom for the rest of their lives. But are you confident that they will do the same for the generations to come? Or even worse, will they squander the money because they don’t know how to look after it?
One of my bugbears with education is the lack of focus on ‘real life skills’. Anyone who has gone through the British education system will have sat through hours of quadratic equations, Shakespearean quotes and learning how to decipher an igneous rock from its sedimentary counterpart, but how useful were these lessons? Yes, some of your teachings may have helped you land your dream job, but will knowing the dates of the Stuart Kings and Queens help you manage your finances? I left an amazing school not having even heard of a pension, a mortgage or a credit card.
I am a firm believer that schools should be educating children on the real ‘truths’ of life: why it’s important to save money, how to afford your first home and how to reduce the risk you take with your money. It’s something that I’m fanatical about, so much so that I’ve written a book on the topic.