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Why talking about money is important

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November marks Talk Money week, an initiative that aims to encourage more people to talk about their finances. In the UK, personal finances can be something of a taboo subject. It’s not something we widely discuss. But whether it’s chatting with your partner or your financial planner, there are a lot of reasons why we should all make an effort to talk about money.

1. Look at your finances from another perspective

As the saying goes, two pairs of eyes are better than one. Keeping money worries or concerns to yourself means you only see solutions from your perspective. Sharing, whether with a loved one or professional, can give you a fresh viewpoint. If you’re not sure which way to go or feel as though you’re stuck in a rut, chatting about your options can be just what you need to spark some inspiration.

2. Alleviate stress

Money can be one of the biggest causes of stress. Whether you’re worried about what would happen if your income were to stop, or whether you’ll outlive your pension, it can be a cause for concern. Financial stress can affect other parts of life too, including your overall wellbeing. Sharing worries can feel like a weight has been lifted off your shoulders and may lead to a solution that you hadn’t thought of. However, it’s important to keep in mind that what has worked for one person, won’t necessarily be right for you. Our goal is to provide each client with peace of mind when they think about their finances.

3. Pass on your knowledge

Over the years, you’ve probably picked up a few tips of your own. Why not share what you’ve learnt with others? It could help them achieve their goals and improve their financial situation. Whether it’s just a gentle reminder to set money aside for a rainy day or insights you’ve picked up when building up your own investment portfolio, it could be useful. It’s also an opportunity to debate different options and maybe pick up something new from others too.

4. Share your experiences with loved ones

The challenges facing younger generations are often featured in the news, including struggles getting on the property ladder, saving for a longer retirement and stagnant wages. Talking about money with children or grandchildren can help you understand the challenges they’re facing and how you may be able to help. Sharing your experiences can offer some insight and encourage them to come to you when they’re in need of advice.

5. Take the opportunity to consider the long term

When you think of money, it’s often short-term factors that we focus on. Perhaps you focus on where your savings are going each paycheque or what you’re putting away for grandchildren. Talking about money is an opportunity to start thinking further ahead; what would you like to achieve in ten or 20 years’ time? It could be becoming mortgage-free as quickly as possible or enjoying the retirement lifestyle you’ve been looking forward to. By setting out aspirations, you’re able to create a plan that enables you to take steps towards them.

6. Receive advice

Even if you’re confident with your finances, there are probably times when you could benefit from some professional advice. For some, this will be one-off advice at key milestones, such as retirement. For others, ongoing financial advice that changes to reflect them can be invaluable. Don’t be afraid to seek advice when you need it. It’s a step that could improve your financial security in the short, medium and long term. If you’d like to talk through your money situation, whether you have a particular problem in mind or want a holistic financial plan, we can offer you support. Get in touch with us today to learn more.

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I have always found Black Swan to be caring and understanding of my quirky lifestyle. I always feel they try to get me the best returns while respecting my current needs.

Sally Muir

A client since 2011

We would be very happy to recommend the support and service we receive.

Valerie Locks

A client since 2010

I have always been completely useless regarding finance - thankfully our financial adviser is not! I've retired with far more than I ever expected and investments continue to grow safely. So - thank you!

Bernadette Jane Warner

A client since 2000

Very happy with the professional service I have received and feel a lot happier now with my finances put in order.

Martin Field

A client since 2011

Julie Cooper was recommended to me by a work colleague. She has been very helpful, professional and has explained everything well. I would definitely recommend her services to anyone else who are interested in a financial review.

Steven Rooke

A client since 2018

…Service has been first class.

Hugh Fells

A client since 2012

My face to face meetings with Rob Young and Jessica Lyons have always been very open and understandable. My questions have been answered clearly and I have left feeling that my financial matters are in good hands.

Sandra Jack

A client since 2000

[A] safe pair of hands in a complex financial world.

Gary Middlehurst

A client since 2003

A reliable company with good communication skills and good knowledge of the financial markets.

Alan Evetts

A client since 2014

Maureen Pembridge is a long-time trusted advisor to our family. The market might fluctuate but her attention to detail is consistent.

Linda Burnard

A client since 2000

I am pleased to recommend Julie as a trustworthy financial advisor. She explains financial jargon in plain language, and always listens carefully to my particular financial needs and has helped me make the best of my savings.

Carolann Samuels

A client since 2010

I have always been satisfied with the way that Black Swan has handled my account. And I have always found the staff very helpful whenever I need to call the office.

Robert Anthony Matthews

A client since 2012

An excellent personal service from a person I know and trust.

Michael Dalton

A client since 2010

I am getting a very good services from Black Swan, they have got my investments sorted out which was in a bit of a mess.

Roy Jakens

A client since 2012

A good, efficient team providing clear ideas to shape a winning strategy.

Adrian Michael Levenstein

A client since 2011

Black Swan is a company to be trusted, with friendly staff and professional advisors.

David Brian Jennings

A client since 2017

I have been with Black Swan for many years. I have never wished to change anything. They give a good straight forward service.

Martin Barrett Brooks

A client since 2010

Andy Peters has been invaluable in firstly combining several pension pots and then giving excellent investment advice. It has given us a great deal of comfort to know that our financial affairs are in such good hands.

James Guillum Scott

A client since 2014

I find my financial advisor easy to talk to and feel that she understands my lifestyle. She is always available for help when I need her and explains in words that I can understand.

Margaret Ena Glasgow

A client since 2000

Andy is a first rate Director, excellent communicator and leader.

Ross Perry

A client since

Black Swan Financial Planning and Andrew in particular, are very clever at working out how risk averse we are, and coming up with solutions that we feel comfortable with. We are happy in the knowledge that we can continue to enjoy a comfortable retirement. Andrew Peters is a very, very friendly person who is great to chat to and easy to deal with. He explains things very clearly in layman’s terms, and if we still don’t understand, he explains it until we do!

Alan & Jane Dyer

Clients since 2012

We have always found Rob [Young] to be very approachable and knowledgeable. We have every confidence in the advice given and feel comfortable with the decisions we’ve made. There are certain opportunities that we wouldn’t have known about if Rob hadn’t brought them to light, which makes the advice good value for money as far as we’re concerned.

Peter & Pauline O’Halloran

Clients since 2013

Rob [Young] is extremely knowledgeable. I knew nothing about the different types of trusts which will not only secure my income in retirement, but also leave a legacy for my children. I’m glad that I sought his advice when I did.

Sarah Wilson

A client since 2015

I am extremely happy with the service afforded to me by the company and my adviser Julie Cooper.

Geoff Coxell

A client since 2010

My wife and myself have been dealing with Black Swan for a number of years. We have met with different representatives from the company over the years and have found all very helpful in their own way. We met with James [Anderson] a few years ago and found him very helpful and knowledgeable. He keeps in contact with us on a regular basis. We find the Company information very helpful and we feel very secure with our finances.

Andrew Kirchen

A client since 2015

I have always found my adviser to be easy to contact, very professional in his approach, yet friendly and understanding. I have a sense of an experienced company behind him, really on the ball financially and with good standards.

B McBean

A client since 2011

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