How Financial Advisers Can Help Their Clients Keep Their New Year Resolutions

Lots of people start the New Year with resolutions that they intend to keep. Money related resolutions are extremely popular, and every year tens of thousands of people vow to start budgeting their money or to save more.

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However, it can be difficult to stick to your resolutions without any help. Thankfully financial advisers can help their clients to stick to their financial goals for the whole year by providing them with realistic and achievable financial goals.

How Advisers Can Help

One of the main reasons why people give up on their resolutions is because they are being unrealistic. According to Forbes, it is better to set small goals rather than big, unrealistic ones.

This can be difficult when it comes to finance, as many people aren’t sure what is realistic and what isn’t. For instance, one person may want to save £10,000 in 2017, but in 2016 they didn’t save any money at all. This means their goal is fairly unrealistic so they are unlikely to achieve it. This will leave them feeling overwhelmed and demotivated, so they are more likely to give up completely.

A financial adviser will help their client to set achievable financial resolutions so that they are much more likely to succeed. Once the client has achieved their first small goal they will feel motivated and proud, which will encourage them to keep pushing forward.

Finding a Financial Adviser Who Can Help

There are lots of financial advisers available, but is best to choose someone who uses back office systems for financial advisers such as https://www.intelliflo.com/. This is because back office client management systems allow clients and their advisers to stay in contact online so they don’t need to meet up every week. Instead the adviser can send weekly or biweekly emails to support and encourage their client, which makes it much easier for both parties to contact each other regularly.

The adviser can even create a unique financial plan for their client with weekly goals, and the client will be able to access the plan from their own laptop, mobile or computer. This means that the client doesn’t need to be constantly thinking about sticking to their goals or arranging weekly meetings with their financial adviser – instead they can simply focus on achieving their ambitions.

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