Ongoing Financial Advice Can Reduce Your Stress

Handling finances is a part of life and something that most people do, but that doesn’t mean it isn’t stressful. Many people don’t feel confident making financial decisions, and financial advice can ease the mental load.

Even when you’re financially comfortable, managing your finances can be a cause of concern. Our experience suggests that you might find it even more stressful if your wealth is higher as it opens a new raft of items to think about from structures, estate planning, legacy, ongoing capital growth, and the magnitude of the impact of your decisions.

Worries about the future are a frequent source of stress for international professionals. Fears about the future can impact your mental wellbeing and making it harder to enjoy the things that are important to you here and now.

Financial planning and following good advice is a smart way to grow your wealth, however it is not just about returns; the non-financial benefits are often just as valuable. Establishing a relationship with an appropriately regulated and experienced financial planner could reduce your mental load. It is someone to discuss impactful decisions with, to get a second opinion, and to make the difficult decisions in how you manage your money across life events and right across the economic and market cycles.

A financial plan can give you confidence in the future

A consistent issue of concern that clients raise with us is their retirement planning. Especially in the context of being an expat in Europe and building pensions and investments in different countries, or potentially realising you have a pension gap, for the period of time you ma have spent in a country where you did not accrue any pension. These are important factors to consider and we can build these variables into your life financial plan. You can start by speaking with us to discuss your situation.

It’s not only retirement that causes money worries.

As a working professional, you may well have current financial worries. Top of the list we see include managing cash flow, tax efficiency, managing the complexity of employer share schemes, and broadly how to manage and grow your wealth when you are living abroad.

As life is unpredictable, effectively managing your finances to ensure you will be secure in the future while moving between countries and currencies can be complicated. We can work with you to help you understand how the decisions you make now could affect your security and quality of life in the future.

Working with a financial planner allows you to focus on what’s important to you in other aspects of your life.

By working with someone like one of the team at Black Swan Capital, you have someone to turn to when you don’t understand something or aren’t sure what the right choice for you is. The reassurance of knowing someone is there for you can ease that financial stress.

The cognitive and emotional effort to plan, anticipate, prepare, and organise your finances can create a mental load that you struggle to manage, even when you’re confident about financial matters.

Handing over these tasks might mean you’re able to focus on what’s most important to you, whether that’s spending time with your family, working your way up the career ladder, or pursuing a passion.

Contact us at info@blackswancapital.eu and we can arrange a time to discuss your situation and how we may be able to assist you, reduce your financial stress, and help you on the way to achieving your life goals.