Hitchin Nub News is delighted to provide a platform for expert financial commentary through our innovative partnership with Lyndhurst Financial Management, who support our coverage of the local community by being our headline sponsor - click on the banner above for more.

Founded in 1992 operating from Harpenden and having acquired an office in Hitchin in 2015, the firm has supported the local community for many years.

So, read on for Lyndhurst's expert development director Geoff Newman as he discusses the importance of planning for the future.

..................

Plan for tomorrow, live for today

In last week's article I outlined the Lyndhurst vision 'to enhance the financial well-being of our clients and future generations by providing excellent advice and support throughout life's journey'.

As well as providing excellent advice one of the areas of support we provide to both clients and the public at large is financial education.

While our schools and universities do a great job educating our future clients in a vast range of subjects, I have always felt that financial education has been

somewhat missing. We help to fill that gap by providing our clients with face to face discussions along with guides on a wide range of financial matters relating to life's journey. These guides can be found here Let's look at one of the services we provide: Financial Planning Financial success doesn't happen by accident. It's a process starting with having a goal, planning carefully and being confident of making the right decisions at the right time. It is easy to stray from basic, solid principles of finance. These remain true no matter what your age or circumstances. It's those same principles that need to be applied to your financial affairs The start of the new year is the perfect time to obtain professional financial advice and in doing so help secure your future – and that of your family – for years to come. Whether it's advice on significant lifestyle changes, such preparing for your retirement, helping your children buy their first home or investing to beat inflation, we can help. Life goals Part of the process should also include articulating and writing down your financial and life goals. Doing this can actually have an impact on achieving them, by helping you to maintain focus in the face of distractions, setbacks or challenges. You might write down, 'I want to be mortgage-free by the age of 50' or 'I want to retire by the age of 55.' Think of each goal as a financial milestone. This will enable you to check that you're on course, without worrying too much about how much longer you've got to reach your destination. Reach milestones Developing effective money habits, having a lifestyle you can afford and thinking carefully about your family priorities will help you identify and reach these goals or milestones – the key to having money serve you well over your whole lifetime. Whatever stage you are at, a new year offers the chance to rethink your earning, spending, saving, investing and giving behaviours and habits to ensure they are aligned with what really matters. It's also a good time to make sure that your financial life is well organised so you feel in control. Our team in Hitchin led by Johanna Haigh will help you begin the new year with a plan for tomorrow so that you can live for today. Geoff Newman

Development Director

Lyndhurst Financial Management is the main sponsor of Hitchin Nub News.

Without their community-minded sponsorship, we wouldn't be able to bring you local news free from overly-intrusive ads, pop-ups and clickbait.

Click their banner at the top of this story to visit their website and get in touch.

..............

Related Articles from Lyndhurst

Lyndhurst director Geoff Newman's predictions for 2022

Lyndhurst Q&A: Director Geoff Newman on his best investments, favourite holidays, being caught up in a military coup and much more

The Lowdown: Lyndhurst Financial Management expert James Wyman on investments during retirement

The Pension Tracing Service and the lost £20bn

You don't have to kiss a lot of frogs to find the right financial adviser

Mortgage adviser or comparison website?

CLICK ON THE LYNDHURST BANNER FOR MORE INFORMATION