Are your life goals on track?

More and more often I am faced sitting across my desk from people who have come to me facing an uncertain future.

What I find interesting about this is that there is no stereotypical type of person, I see a range of people from your stay at home mum or dad who haven’t worked in a number of years, to part time workers, full time and professionals of both genders.

The one thing that they seem to have in common is that for many different reasons, they haven’t focused on their independent financial situation, then a crisis occurs and they begin to panic about their future. Anything from a relationship breakdown, the death of a spouse or a failed business can be one of these triggers.

Recently, in my own time, I have had the privilege to work with a small group of women and mentor them through some everyday issues that will set them up and educate them about ensuring their financial future is sound. We have been able to come together via Zoom Meetings  and it’s been lovely to watch the mentees grow and share their experiences not only with me as a mentor but with each other, which has enabled them to build on their confidence and goal setting.

We have covered topics including superannuation, insurances, wills and powers of attorney, investments, taxes, personal branding and re-education to get back into the workforce. Areas such as ‘how much money do I need to retire with’ compared to existing retirement savings have been explored. We have discussed pushing ourselves outside comfort zones to strive for goals. Having these monthly meetings to flesh out a fresh topic each time then going away with a small amount of homework to report back together has ensured that the ladies have received the best outcome.

We still have a few more months to go and I am personally feeling so rewarded to be able to help educate and make this group of mentees aware of so many issues that they previously had little to no idea about. It means they are on the road to financial independence, long term planning to ensure financial security and in control of their future.

Being a Chartered Accountant and a Financial Planner gives me the leadership skills to be able to help guide and reassure these mentees that together we can build a way forward.

If this resonates with you and you would like to take control of your financial future we would love to be able to assist you.

You can contact Prue Cox via email at our Drouin office – or 03 5120 1400.