Under the title of 'Ties are optional', Les Conway shares his thoughts about what’s going on in the World and how it can affect and impact your lifestyle and finances.  Feel free to sign up here to subscribe to receive.

A Life Centred Approach

Posted by siteadmin on Wednesday 8th of September 2021

The purpose of adopting a life centred approach to financial lifestyle planning, is to help people achieve their best life possible with the money they have. Along with that which they expect to accumulate over time.
When taking a journey, we plot our route and work out how we’re going to get from A to B. But not just by knowing where B is, but by having clarity in when we want to reach our destination. What we can’t know is, when and where we’re going to hit the congestion. More importantly how we’re going to navigate around it, indeed if...

The time is right

Posted by siteadmin on Wednesday 4th of August 2021

Quite often, I have people make contact wanting to engage in an initial meeting, but who are not ready for what ultimately is lifestyle financial planning,
Typically, although they’ve grasped what it is and are aware that they’ll need to, opening up can be quite challenging. More so, when realise that they’ll need to open up to themselves.
Moving into a particular phase of the life cycle or having a specific event occur, tends to make the timing more relevant. But even then, the process of going deep to understand what we want can be dau...

What we value the most

Posted by siteadmin on Wednesday 7th of July 2021

Not everyone is a fan of football. But we saw during the early stages of the European Championships an incident that hit the global news that resonated with us all.

Christian Eriksen, the Danish international, suffered an unexplained cardiac arrest whilst playing in a match against Finland. Hard to believe from what we'd expect as a seasoned and highly conditioned athlete.

No doubt some will be concerned as to whether it ends his career. But surely the value that we place on certain things in our life, outweighs things that may be less importa...

Holding onto the good times

Posted by siteadmin on Wednesday 9th of June 2021

It’s been an eighteen month roller coaster ride for us all, with lockdown after lockdown, endless restrictions on our civil liberties, uncertainty and many finding it hard to cope.
As I write, the UK has been downgraded to a Covid-19 level three alert. The sun is shining and in a week’s time, more of the things we took as the everyday norm (and maybe with this recent experience for granted also) will return.
We’re not out of the woods yet, but we are now so very close.
Being the motor sport fan that I am, I’m of the view that the late great ...

A giant leap

Posted by siteadmin on Wednesday 5th of May 2021

Remember that famous phrase by Neil Armstrong when he stepped out from the Apollo 11 Lunar Module onto the surface of the moon? Don’t worry, as I’m not going to reproduce it here as it's so well known.
But sometimes, the same applies to less dangerous pursuits in a person’s life. All the same, it means that we perhaps might be walking into unknown territory from time to time.
My wife was recently reading a book called 'Feel the Fear and Do It Anyway'. The brief introduction set out clearly what it aimed to help the reader with. It made some ...

Adapting to the environment

Posted by siteadmin on Wednesday 7th of April 2021

In the times as we’re facing now and where lots of us have had or will soon have a the COVID-19 vaccine, we need to adapt our lives to what is going to become the norm.

Nature has its own way of adapting and some species have learnt how to adapt, simply to maintain their survival.

The natural world is a tough place. Faced with competition for resources and sometimes hostile climates. But in order to beat the odds and survive, some who inhabit our planet adapt in some very interesting and unusual ways.

One example is the Alaskan Wood Frog ...

What’s important to us and gives our life meaning?

Posted by siteadmin on Wednesday 3rd of March 2021

Many years ago, I decided to undertake some personal one to one training. I was keen to reinvigorate and refresh my zest for what inspired me in my life. Francis Nwofor was someone I knew well from networking. He was a martial arts Sensei and trained in Ju Jitsu and Krav Maga. He uses what he learnt with his skillsets to share with others, helping them to create disciplines and meaning to their lives.

It might seem strange in that I felt the need for training. But no successful sportsperson trains themselves. Expecting that without a constr...

Do we really know what we’re doing?

Posted by siteadmin on Wednesday 3rd of February 2021

It’s not uncommon for people to look at doing things themselves. I’m no different as I often feel that I have the capability of doing things myself where given time, I’m quite capable.

Let’s face it, Google is a wonderful aid to our lives. But can it always tell us effectively, efficiently and accurately how to complete a task.

Before Christmas, I had to undergo some minor-ish surgery. Thankfully, it was keyhole surgery. But I must admit that I was quite nervous when my surgeon sat on my bed prior to me signing the consent form, explaining...

Risk comes from not knowing what you’re doing

Posted by siteadmin on Wednesday 6th of January 2021

This month’s article title is a quote from the well renowned investor extraordinaire, Warren Buffett.
It could be argued that he knows how to manage risk. His track record of sustained success gives him the knowledge, confidence and experience to invest billions into businesses of various types. This alone could be viewed as very risky. But he knows what he’s doing and as a result, the risk is greatly reduced. So perhaps we could say, he knows how to manage 'his level of risk'.

In general, the financial risks we’re most familiar with are:...

Pearl Anniversary

Posted by siteadmin on Wednesday 2nd of December 2020

In my last article, I talked about 2020 marking the tenth anniversary of Essentially Financial. I also mentioned that this was the first of two big anniversaries for me. And here’s the second.

Thirty years is a very long time in anyone’s book. But what a thirty years it’s been!

Just over a year before I became a financial planning consultant in the new year of 1991 for Save & Prosper (part of Robert Fleming bank back then, now morphed into JP Morgan), my daughter was born on the day that the Berlin wall came down.

Since then, we’ve seen m...


UK News

Some forecourts closed on Thursday amid a driver shortage that has caused havoc with supply chains.
A 38-year-old is arrested in Lewisham as police release an image of a second man they are searching for.
Business minister Paul Scully says the government needs to plan for a lengthy spell of high gas prices.
The compensation payment is one of hundreds by the Ministry of Defence, revealed for the first time.
The government said it is "looking at options" to deal with labour shortages ahead of Christmas.