WHY IS PLANNING FOR THE FUTURE SO HARD?

WHY IS PLANNING FOR THE FUTURE SO HARD?

I was chatting with a new client this week and they mentioned that they just weren’t bothered about saving for the future. They said that they wanted to live in the here and now and that they would worry about the future when it actually happened.  It's an interesting perspective and it got me thinking about WHY it is so difficult to concern ourselves about the future.

YOUR HOME IS NOT AN ASSET

YOUR HOME IS NOT AN ASSET

I had an Australian friend visit me over the weekend who is thinking about buying a property in Melbourne. He was intrigued to hear why I didn't think this was a sensible thing to do with his money. It's also a question I have had a couple of times on recent webinars that I have done so I thought I would address why your home isn't an asset more fully.