The Power of Virtual Financial Advice and 15 Minutes a Week

In the bustling lives of professionals, especially those balancing family life, the thought of delving into financial planning can often be put in the “I’ll get to later” pile.

It's a common for the pressing demands of today to overshadow the need to plan for the future.

But what if there was a way to integrate financial planning into your busy schedule without it feeling like an additional burden?

Take, for instance, a couple I've been working with. Both are deeply entrenched in the corporate world. The husband, content in his job, sees a clear trajectory of growth ahead.

The wife, a lawyer and a mother, found herself in a different boat. Despite a rewarding salary, her job lacked the flexibility wanted to exit a toxic working culture.

The dream of starting her own practice was always in the back of her mind, but the complexities of their financial situation, especially with kids soon starting school, seemed like a daunting puzzle to solve.

This is where the mindset shift is crucial. Instead of viewing financial planning as a monumental task requiring hours of undivided attention – a luxury few can afford – what if we start small?

Imagine dedicating just 15 minutes a week to your financial future. It's not about an immediate overhaul but initiating a habit, a process that, with the right guidance, gradually aligns with your goals. The transformation over a year, or even five, can be profound, impacting not just your finances but your personal and family life as well.

How do we make this work?

Well in today's digital age, the way we approach professional relationships has evolved. I've fostered effective working relationships with my lawyer, accountant, and colleagues without ever meeting them in person. This realisation led me to adopt a virtual-first approach in providing financial advice. It's tailored for those who can't spare hours stuck in traffic, hunting for parking, or rushing back for school pickups.

In our virtual meetings, one partner might join from home while the other could be at their office. They receive expert advice in the comfort of their own space, seamlessly integrating it into their day.

But this approach isn't just about convenience. It's about creating a genuine, comfortable experience. Gone are the days of stiff, corporate settings. Instead, we have engaging, effective virtual interactions. While face-to-face meetings have their place, well-structured virtual meetings can offer most of those benefits and more, adapting to the unique needs of my clients.

The journey my recent client’s experience is a testament to the power of this approach. Through several strategy sessions, we mapped out various scenarios, understanding how her transition to self-employment would impact their family finances. We crafted a six-month plan, involving other professionals for specialised advice. The culmination of this journey was the launch of her own company – a dream realised through structured, incremental steps.

Financial planning need not be a daunting task reserved for when time permits. By adopting a process-oriented approach and embracing the convenience of technology, significant strides can be made in managing your finances.

 It's about integrating financial planning into your life in a way that's manageable and effective, turning what seems like an insurmountable challenge into a series of achievable steps. Remember, the journey of a thousand miles begins with a single step, and in the realm of financial planning, that step can be as simple as dedicating 15 minutes a week to your future.

Want to know more?

1) You can click here to book a free 15-minute free clarity call with Sam Woodhouse to discuss how this may relate to you.

2) Join our Your Money Simplified email list to start taking control of your money today. And when you subscribe, I'll give you a PDF called My 3-Step Process for Building Your Road Map to Financial Freedom.

The information contained in this article is general information only. It is not intended to be a recommendation, offer, advice or invitation to purchase, sell or otherwise deal in securities or other investments. Before making any decision in respect to a financial product, you should seek advice from an appropriately qualified professional. We believe that the information contained in this document is accurate. However, we are not specifically licensed to provide tax or legal advice and any information that may relate to you should be confirmed with your tax or legal adviser.