The importance of a holistic financial plan for lasting financial security

IN TODAY’S unpredictable and fast-paced world, achieving financial success requires more than just saving money or investing in the latest trends. A truly secure financial future is built on a holistic approach that integrates various aspects of financial planning.

- ROBYN LAUBSCHER

Where to start?

With many things in life, building a strong foundation is fundamental to achieving success, and your financial journey is no different.

The foundation of a holistic financial plan should incorporate your needs, goals, and objectives. Start by defining what you want to achieve and what is most important to you. These objectives will differ for everyone, as we all have unique circumstances and want to achieve different goals. Having specific, measurable, achievable, relevant, and time-bound (SMART) goals will help provide direction and motivation.

A holistic financial plan should also be robust. Life is unpredictable, so your plan must be flexible enough to accommodate changes in your circumstances.

What to consider