The Winds of Change

The Winds of Change

Heraclitus, a Greek philosopher, is quoted as saying “change is the only constant in life.”

We face so many changes, daily – some fiscal (as in the Autumn Statement), many social (life), political (the likelihood of change of Government), and globally political / ecologically affected – winds of change.

Change is all around us. Some change is fixed, like the shift of one season to another, while other change is evolutionary and progressive, almost constantly tossing new circumstances our way as time goes on.

It’s natural to dislike change — I dread changing my phone and having to deal with new access codes. Change can be overwhelming. It often requires you to come out from a comfort zone, to step away from your perception of security.

But adaptability – the process of reinventing your behaviours, thoughts, and emotions – can be a key protective feature to help balance each of the 5 Key Elements of Wellbeing (READ MORE).

What do we know?

What do you want to control despite such windy weather?

Let us suggest:

  • To maintain your current lifestyle.
  • To enjoy peace of mind over financial security.
  • To have at least a degree of clarity.
  • To really understand and achieve ‘financial independence’.
  • To find that seemingly all-important number, and trust somebody to help you work out – is it enough?

If these fundamental needs ring bells and you want to ‘Prepare for Change‘, start preparing by clicking HERE and arranging an exploratory chat.

Change, the reality

CHANGE / NO CHANGE ?

At the start of October, automatic enrolment in workplace pension schemes quietly celebrated its eleventh anniversary.

As we reported in a recent article, ‘Is your Pension fit for purpose?’, the system is 20 years out of date and reforms are overdue. The government published a review in 2017, but that kicked reform proposals down the road to the mid-2020s.

CHANGE / NO CHANGE ?

In the Autumn Statement, the ‘current Chancellor’, Jeremy Hunt (at the time of publication) hinted at reduction in Inheritance Tax. Sound familiar? Well yes, as we reported in an article, ‘Farewell to Inheritance Tax? Not so fast!’, an item in The Times on 17 July 2023 reported that Downing Street were planning to abolish Inheritance Tax. It would seem to be not so then and not so now.

CHANGE / NO CHANGE ?

Same Autumn Statement, same chap, similar promise suggested a cap on Energy Costs. Great. But, according to Ofgen today (23 November 2023), From 1 January 2024 the price for energy a typical household who use gas and electricity and pay by Direct Debit will go up by £94. This will take the price cap from £1,834 to £1,928 per year. That’s an increase, right?

CHANGE / NO CHANGE ?

The climate is changing. Manufacturers switch 100% to electric vehicle manufacture from 2035 – perhaps not! Budget for renewable energy – rooftop solar panels; EV Charging on our drives; electric vehicles, or perhaps Hybrid – do we know what’s really ahead?

So, what are you planning? How do you batten down those hatches in case / before the storm hits? What’s going to stop your boat rocking?

Again, the practical question is – What do we know?

What do you want to control despite such windy weather?

Let us suggest:

  • To maintain your current lifestyle.
  • To enjoy peace of mind over financial security.
  • To have at least a degree of clarity.
  • To really understand and achieve ‘financial independence’.
  • To find that seemingly all-important number, and trust somebody to help you work out – is it enough?

If these fundamental needs ring bells and you want to ‘Prepare for Change‘, start preparing by clicking HERE and arranging an exploratory chat.