First Priority for 2015 Financial Planning - Your Holidays!

Vic and I sat down earlier this week, to commence our planning for the 2015 calendar year, and the first item on our agenda? When are we going on holidays?!

Now, you might think that planning for your holidays would be the lowest priority, after having just completed a two-week Christmas/New Year holiday break, but in fact, planning for your holidays should be your first 2015 planning priority. Here's why:

1. In order to plan for your 2015 financial objectives, you need to know a) how much you'll be spending on your holidays in 2015; b) if your holiday pay will cover the costs; and or c) how much you have to save in order to pay for your holidays (in addition to your regular living expenses)
2. You may be able to take advantages of public holidays, and save some days in your own 'holiday bank', by planning your holidays during or around the time of public holidays
3. If you're self-employed, plan your holidays around the times when you think your business will be quiet, to lessen the costs of not working in your business whilst you're on holidays
4. The key to success is being clearly focused - giving yourself regular breaks from work helps clear your mind and maintain your focus
5. Successful financial plans need goals, so you have something to look forward to when your work-week is going terribly (...only 3 more weeks until your holiday)

Remember...Everyone Needs a Plan - so start with the easy stuff - plan your 2015 holidays now!

If you don't have a Financial Plan, but you would like to learn more about the advantages of having one, don't hesitate to contact us now, and take advantage of our free financial assessment...you've got nothing to lose!