Wealth is more than money. Managed the right way, it should be a tool that gets you closer to your goals, to serve you at di!erent stages of your life.
Cashflow modelling as part of the financial planning process is also vital if financial goals are to be achieved, such as repaying your mortgage, buying a holiday home, paying for school and university fees and being able to retire when you want to. It is also important that you have sufficient funds for emergencies to provide for unexpected expenses, such as a job loss or long-term illness.