ContinuumFP eNewsletter October, 2015
- a 3-minute read before links
What's in this issue?
- Our website launched successfully
- Peter has returned; and
- Teaching intergenerational wealth management skills
The ContinuumFP website:
We took the old site down on the evening of 8 October and launched the new, updated site within the hour that evening. As mentioned in the previous eNews, we welcome (indeed, invite) feedback - and commit to a continuous effort to keep our site fresh, relevant and informative.
A couple of features we have added are: an eNews archive (and we are moving the menu link to that from Contact Us to Library): and we have added a popup for site visitors who may want to register to receive our periodic eNewsletters. If you find that comes up for you at some stage, it will quickly recognise your email address and will not popup for you again.
Over the past twelve months we have undertaken a significant revision of old articles and, whilst we will continue to update existing information to make it more appealing and informative, we are also wanting to meet the needs of people who come top our site looking for wealth management information. Any requests you make to have specific matters addressed will be considered and posted as soon as our schedule permits (in most cases this will be within a few weeks).
Peter (Cashman) has returned:
As many of you will be aware, Peter is one of the Joint Venture associates at ContinuumFP and he - and Damien - are important participants in the development and delivery of the policies and practices at our office. Peter has been away for a little over five weeks, touring Europe and parts of the UK and Ireland with his wife Maureen. Whilst we have enjoyed seeing the photos he and Maureen have put up on their Facebook sites, we are even more delighted to have them home - and Peter back at the office: welcome back, Pete!
Teaching intergenerational wealth management skills:
Do you ever wonder why it is that some people's children are 'money savvy' whilst others, not so much? Interestingly, not all of the money-savvy come from wealthy families: in fact, it seems that, anecdotally at least, those who come from environments where care has to be taken about when money is spent - and what it is spent on, are more savvy than those with more capacity for discretionary spending.
Whilst it is a well-respected belief that children learn more in their first five years than they do in the next fifteen: and that they form life-long philosophies during those formative years, we often miss the opportunities that present themselves during this time, to teach them about money - and how to manage it responsibly. [Remember that whilst money is not an end in itself, the better they learn to manage it, the more likely they will become financially independent - and in due time, capable of contributing to, rather than drawing on, the community (or in particular circumstances, rely less on community support).]
The following articles provide some guidance on related topics: teaching wealth management skills; knowing how to accumulate wealth; and prudential use of gearing to boost wealth accumulation. We trust you enjoy them - and we invite you to share them with family and friends.
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