Financial literacy #3: Consistency aids growth

You've probably spent hours pondering your retirement fund, maybe even your dream home.
But have you thought about your healthcare preferences in the same detail? Advance Care Planning, or ACP, allows you to do just that. It’s a proactive approach where you get to specify the kind of medical treatment you want, or don't want, in scenarios where you can't communicate those decisions yourself.

Why do an ACP?

• Ensures healthcare aligns with values, reducing unnecessary and aggressive treatments
• Alleviates family stress by providing clear healthcare decision guidelines
• Helps healthcare teams better understand and meet your individual quality-of-life goals

Emotions can heavily influence our spending behaviours. Whether it's retail therapy after a tough day or splurging during moments of celebration, it's vital to recognize and curb emotionally-driven financial decisions. Setting clear budgets, having a cooling-off period before major purchases, and regularly reflecting on needs versus wants can help in maintaining financial discipline.

Engaging with a financial representative is a proactive step toward financial health. However, the journey doesn't end at the first consultation.

Just as life isn't static, your financial strategy shouldn't be either. Regular check-ins provide clarity, reassurance, and adaptability, ensuring your financial blueprint remains relevant and aligned with both your current situation and future ambitions. Remember, a hands-on approach with expert guidance often yields the best financial outcomes!