March marks the start of the new Financial Year.
It gives us a time to reset and evaluate the first 2 months of 2025.
January and February are historically the 2 busiest months in the financial industry as clients set to get their finances in order and minimise their tax burden, mostly via Retirement annuities and Tax-Free savings.
March now gives us the opportunity to start with a clean slate, to re-assess our new year's resolutions: What work and what didn’t.
It’s a chance to not only set new goals but to create the right habits and systems.
Over the decades so many get rich quick schemes ruined so many lives. Looking backwards it's easy to see that it was a fraudulent scheme, yet in the present, many people still get caught.
We lack the discipline and patience.
There are essentially 5 ingredients to guaranteed wealth creation:
4 of these are entirely within our control, and we have more power than we think. However, it's when we try and speed up the system that things go wrong.
Look after your money, don't just trust anyone and if it promises above 10% guaranteed return, be very careful.
We will share more on this topic in one of our Podcast episodes, coming soon..
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