Wealth Management – How to get into the mindset of saving
Karl Botha Consultant – Wealth Management _______________________________________________________________________________________________________ Mastering the mindset of saving There’s a reason why so many home gyms are sold very cheaply on Junk Mail and Gumtree. There’s also a reason that they are usually sold several months into the New Year. They are the result of failed and poorly constructed goals, often formulated as ‘New Year’s resolutions’. The pitfalls of poorly constructed goals Savings and investment plans too, whilst never appearing in online adverts often start with great intentions (often also as a New Year’s resolution?) only to be abandoned or discarded on the heap of failed dreams due to poor definition, imprecise planning and overly idealistic goals. Misconceptions about timing and planning A common misconception when it comes to an investment plan – whether it’s for a family home, a coastal retirement, or to... Read More
