Are you a Spender or a Saver?

Are you a Spender or a Saver?

We hear from Katie Lovatt of Holland, Hahn & Wills

Are you a saver or a spender? Working for a financial planning firm, I’d love to say I’m a saver, but in reality, I’m a bit of both. My eldest daughter is definitely a spender – her Christmas wish list is already a page long, whilst my youngest daughter saves all her money and doesn’t know when to spend it!

At Holland Hahn & Wills we help people organise their financial affairs so they can spend time focussing on the things they enjoy. We remove the burden, helping them understand what their money can allow them to do, and how to keep it working for their lifestyle. Generally we help people who have accumulated wealth during their professional careers, but we also help those who have recently divorced, inherited or sold a business. These life events often throw up financial conundrums, and we can help unravel the complications and map out a financial path.

Being in control of your finances, whether independently or with the help of a trusted financial adviser gives you both strength and confidence, particularly when faced with unexpected circumstances. Our robust, long term, academic approach to managing money helps our clients cope with world events such as war, pandemics, political turmoil so that they don’t make rash decisions based on world events. Markets are efficient, but emotional decisions can be costly, hence we recommend seeking advice for those difficult decisions so as to provide a different perspective.

Once a plan is in place, it’s then your decision as to whether to spend or save – depending on your dreams and goals. Financial planning does involve discipline, but that’s where Holland Hahn & Wills comes in, helping you stay on track, drowning out the noise of media, helping you to be sensible rather than impulsive.

To know more about how we can help organise your financial affairs, drop us a line to receive our interactive brochure on “Organising Your Financial Affairs” or “The Psychology of Retirement”. There is nothing to lose and you might gain a fresh perspective.