Here at Hatch, we use a combination of financial coaches and financial advisers to provide a holistic service. Here’s a quick breakdown of the different between advisers and coaches.
Decisions you make about how to manage your finances can have a huge impact on your future, and so to protect consumers from bad advice there are some areas of finance that are regulated by the Financial Conduct Authority (FCA). Here’s a summary of the regulated advice services offered through Hatch.
Jennie came to me to help her decide whether to buy a house (or not!). Now ten years into her career she was in a position, with some help from her parents, to buy a house. The problem was that she wasn’t sure that was really what she wanted.
All the conflicting advice she was receiving was preventing her from getting clarity on the potential financial implications of buying, or not buying, a house.
Sending children to university is often an important goal for parents. A large part of the costs will be paid by the student maintenance loan but scholarships or part time work by the child might also come into play. However, many parents find that they want to give additional support to their children, if they can afford to do so. Here’s why parents often feel the need to provide additional support for their children at university, and how to plan for that in advance.
A period of unemployment is rarely a good thing unless its planned and intentional. For the times when that’s not the case, you want to make sure you’re as prepared as possible.
I’ve worked with a number of people who have had such a period, probably more than you might think! Today I want to give you my top 3 things that you can do to make sure you’re as prepared as possible.
I recently had an annual review with one of my clients Tiago who shared something we hadn’t previously spoken about. His move to the UK.
Six months before we spoke Tiago had moved from Portugal to the UK. It was an interesting process for him to say the least even if the move has generally been a great success. It’s been a really rewarding time for him and to anyone thinking about it, he’d highly recommend a move abroad.
People hear “Budgeting” and assume it means you’re not going to have any fun and be forced to not spend on anything but the bare necessities. Not true!
It’s actually the exact opposite. It’s all about making sure you have enough to spend on the things you really want. I don’t like the use the word budgeting when talking to clients because often people switch off. I like to say it’s all about prioritising your spending.
Something we’re told in life is to expect the unexpected. Everybody knows this but most people believe (and hope) the unexpected won’t happen to them.
Recently Emily, a client from Nottingham, had her life turned upside down - she and her husband divorced!
In my role as a financial coach, my goal is to help people plan and achieve the things in their life that are most important to them. This story from working with one of my clients, Mary, exemplifies this perfectly…
Whenever someone asks me how much they need to save for a family, a young client of mine, Felix, always springs to mind.
In his mid 20s, Felix and his partner had been together for 3 years. Having recently married they wanted to put plans in place to be able to afford a family in a few years time. Felix felt very lucky to have had a comfortable and loving upbringing, and was passionate about providing the same for his own children.