The Wheel of Finance

At Blueprint Financial Planning we believe there are 8 core components to a person’s financial wheel, namely  Income, Savings, Banking, Tax, Retirement Planning, Budgeting, Protection Planning and Estate Planning.

Your level of knowledge, proficiency and planning in each area can impact hugely on how your financial future will evolve. We provide our clients with a copy of this wheel and simply ask them to rate on a scale of 1-10 (1 being bad and 10 being the best etc) their approach and level of satisfaction with each area. This is the start of their “Financial Blueprint” from which we build a robust financial plan around. The results obviously vary from client to client but as the saying goes “a picture paints a thousand words”.  From their results and “drawing” their wheel people can see very easily how solid their wheel looks and going forward how smooth their journey will be.  Our aim is to get everyone to a “10” to ensure as smooth a journey as possible towards their financial freedom. So ask yourself if you rated your approach to each section on a scale of 1-10, joined the dots on the corresponding numbers, what would your wheel look like?

Pinnacle Financial Advisers Ltd t/a Blueprint Financial Planning is regulated by the Central Bank of Ireland. All content provided in these blog posts is intended for information purposes only and should not be interpreted as financial advice. You should always engage the services of a fully qualified impartial financial adviser before entering any financial contract. Pinnacle Financial Advisers Ltd t/a Blueprint Financial Planning will not be held responsible for any actions taken as a result of reading these blog posts