This is the first of 10 questions that I ask my clients when we meet to do financial planning. Over the next 10 newsletters we'll unpack each question in more detail.
Each year, your biggest concern can change, and it's important to plan for your biggest worry. This year, it may be to get rid of credit card debt, next year it may be to start saving for your children's education.
You could easily be worried about more than item today, but one must stick out are than the others.
If you can only fix one, which would you choose?
You may not have the budget to put something in place for all your concerns but as Daniel Pink says, tick off your most important task first.
Once that is under control, you can move on to the next most pressing problem.
Interested in chatting about your most pressing problem? Let me know....
I'm a financial adviser looking to develop long term relationships with my clients.