In this episode, Billy and Andrew tackle the real reason most financial plans fall apart — and it’s not the strategy. It’s everything that happens after.
Drawing on real client stories, including a $15,000 mistake made by going it alone, they break down the six most common reasons people abandon their financial plan within the first 12 months and, more importantly, what to do about it.
If you’ve ever started strong and quietly let a financial plan fade out, this episode will show you exactly where it went wrong.
This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorized representatives and credit representatives of Akumin Financial Planning – AFSL 232706
Episode Highlights
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Why complexity kills momentum before it even starts
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The danger of having no clear first step and how to fix it
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Why implementation support is worth more than the strategy itself
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How your own behaviour is a bigger threat to your wealth than any market downturn
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Why trying to be perfect and timing the market is a plan to fail
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The power of anchoring your financial plan to a personal goal — your real “North Star”
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How accountability is the missing ingredient most people overlook
