The most underrated benefit of financial planning, and how to take advantage of it

When you seek advice from a qualified financial planner, it is likely the objective is simple: to get more from your money and ensure you’re on the right track to meet your goals.

Of course, I can help you with your financial targets, including assisting in building a diverse investment portfolio, creating a bespoke retirement plan, and setting the next generation up for financial independence. 

Yet often there is one aspect of what I provide that is almost entirely overlooked: the human side of financial planning. Indeed, this factor can provide immense, tangible benefits that go alongside the financial value advice often brings – yet many do not make the most of it.

You might be wondering: “How can the ‘human’ side to financial planning be just as valuable as the wealth benefits?”

Read on to find out how to reap a different kind of value from the financial planning process.

Financial stress is increasing during the cost of living crisis – and you may need additional support as a result

Since the Covid pandemic began, there have been many stress factors affecting all our lives – and a number of these have been financial.

Alongside the financial stressors of the pandemic itself, the cost of living crisis followed shortly afterwards, seeing inflation rise to 10.1% as of March 2023, the Office for National Statistics (ONS) reports. What’s more, the Bank of England (BoE) increased the base rate 11 times between December 2021 and March 2023, bringing it to 4.25%. 

These factors, among many others, have increased national financial stress levels, researcher Champion Health reveals. Up to 24 million adults do not feel confident managing their money, and financial pressure is the top cause of stress outside of work for more than one-third of people, the study suggests.

So, if you have always felt capable of handling your wealth but feel out of your depth in recent months and years, you are not alone. 

Down-to-earth financial planning can help improve your emotional wellbeing as well as your wealth circumstances

It is undeniable that our emotions and finances are intertwined. From stress-spending to lying awake at night worrying what might happen to your family if you were no longer around, financial stress is often provoked by deeper life concerns.

Of course, booking a review of your wealth circumstances with a financial planner can help ensure you have your ducks in a row, especially in a time of rising costs. 

But perhaps equally importantly, speaking with someone who can listen to your worries could be immensely relieving if you are harbouring intense financial stress. 

Beyond creating a plan to help you become financially prosperous, I can also act as a confidant. As a busy working mum myself, I can understand where you are coming from, and help guide you through a financial plan that doesn’t just add value, but lowers your stress levels too.

I will:

  • Meet you where you are – I adopt a judgement-free approach to all client relationships
  • Hear your biggest concerns about the future, and how these connect with your wealth overall
  • Offer an empathetic view paired with a strategic approach that can help empower you to make confident financial choices
  • Put in the effort to sustain a long-term relationship with you, prioritising your financial and emotional wellbeing throughout the advice journey.

After all, there’s no price tag on your peace of mind – so making the most of the stress-busting aspects of financial advice could prove invaluable now and in the future.

A long-term relationship with a financial planner can help you weather life’s toughest storms

One of the most exciting and challenging parts of life is that you never know what will happen next. 

From joyous occasions like births, marriages, and promotions, to sad circumstances like deaths and illnesses, life throws things our way whether we are prepared or not.

Whatever is going on for you right now, and whatever age you are, forging a long-term relationship with a financial planner can help you through all the seasons of your life to come. 

For instance, you could be on the cusp of retirement, already in a solid financial position as you give up work and head into this much-anticipated stage in your life. By forming and nurturing a relationship with a financial planner now, you can make the most of the opportunities that lie before you and look ahead towards the long-term prosperity of your family.

On the other hand, if you are finding life difficult due to financial stress, illness, injury, grief, or separation, having a partnership with an experienced financial planner means you don’t have to bear the weight of these experiences alone.

Of course, the numbers attached to your financial plan are vital – but beyond these tangible factors lie a plethora of holistic benefits to financial advice. 

Get in touch

For a chat about anything discussed in this article, or for a review of your circumstances, email me at or call my office on 01793 766 123. Alternatively, call my mobile on 07525 177 046. 

While I offer high standards of service and will work with you to ensure any plan is right for you, I’m also a busy mum, so work Mondays and Tuesdays only.

Please note:

This blog is for general information only and does not constitute advice. The information is aimed at retail clients only.

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