Category: SFP

At SFP, we always remind our clients that there is a deep connection between emotional intelligence and lifestyle financial planning.  Emotions and feelings play a significant role in our financial decisions, and expressing and managing them effectively are crucial for achieving financial wellness. In this post, we’ll discuss the importance of emotional intelligence and provide an eight-step framework for emotional visualisation to help you make better financial choices. Emotional intelligence (EI) refers to recognising, understanding, and […]

At Succession Financial Planning, we understand that money has been a captivating subject for people throughout history. Yet, despite our fascination with it, numerous myths and misconceptions about money can adversely affect our financial health. This blog will debunk five widespread money myths and explain why they don’t hold up. Myth 1: More Money Equals More Happiness A prevalent myth is that possessing more money leads to increased happiness. While money can undoubtedly alleviate financial pressures […]

Many people overlook the importance of personal qualities when it comes to managing their finances. However, research in positive psychology suggests that understanding and utilising our character strengths can significantly improve our financial well-being.  Character strengths are the positive traits that define who we are and how we behave. PositivePsychology.com provides an extensive list of these strengths and helpful interventions and worksheets to help develop them. By harnessing these traits, we can make better financial decisions, […]

Balance is an essential aspect of our lives and plays a crucial role in our financial planning. Striking a balance in different areas of our lives can help us achieve financial stability and avoid potential pitfalls. It’s important to be aware of your limits. If you’re unsure whether to watch, read, or participate in something, it’s a good idea to hit the pause button. Maybe you’ve been offered a new job, or perhaps you have heard […]

“A value is a way of being or believing that we hold most important. Living into our values means that we do more than profess our values, we practice them. We walk our talk – we are clear about what we believe and hold important, and we take care that our intentions, words, thoughts, and behaviors align with those beliefs.” ― Brené Brown Have you ever thought about the role that our values play in our […]

“Having a good start to the day where you have greater control is critical in achieving better results, and ultimately greater career success,” says Lynn Taylor, workplace expert and author of Tame Your Terrible Office Tyrant; How to Manage Childish Boss Behavior and Thrive in Your Job. How you start your day is crucial to productivity because how you begin your morning sets the tone for the rest of the day. If you start your day […]

“The most important quality for an investor is temperament, not intellect.” — Warren Buffett It’s easy to fall into the trap of thinking that clever people make the most money when investing. But more often than not, it’s emotions influencing trading activity, not intellect. Investors traded ten times more in the first quarter of 2020 than in 2009. Fear can drive us to switch, and switching isn’t always the answer. Switching happens when we transfer money […]

“There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.” ― Ernest Hemingway After our recent blog on monotasking, we thought we’d spark a conversation around some tips to help us improve productivity. At the beginning of anything new, we generally like to think about how we can do things differently this time around. Whether it’s a new year, job, relationship or hobby, we consider why […]

Do you pride yourself on being a multitasker? In today’s digitally overwhelmed world, it may not be as healthy as we’ve been led to believe. Technology allows us to do many more things, all at the same time. From conversations to research to content creation and manual tasks, whether we have an online job or customer-facing work, we can be doing several things simultaneously: multitasking. Even if we don’t consider ourselves a multitasker, if we have […]

“Always give without remembering. Always receive without forgetting.” – Brian Tracy We go through seasons where we become unbalanced and focused on giving to others and neglecting ourselves. Giving stimulates the same neural networks in the brain that activate when eating a cookie or running warm water over cold hands. It is a deep-seated gratification that makes us feel good; before, during and after. But how do we feel when we “give to ourselves”? It is […]