Worldwide Financial Planning

Why do most resolutions fail? Well, the goals themselves aren’t bad - “save more,” “clear debt,” “stick to a budget.” But they’re too vague. Cold. Disconnected from the human behind them and rejected by the subconscious as a non-instruction. It’s like deciding to run a marathon without knowing why you want to run it. You’ll feel that at mile three both physically and psychologically.

The pledge to take control of Venezuela’s oil industry and the seizure of a handful oil tankers may cause a headache for countries trying to get round sanctions, but they barely influenced global oil prices. Venezuela holds vast oil reserves, but its annual output is modest (around 1% of global production) and boosting capacity would require substantial time and investment. The only sign of movement in defensive assets was in the rising price of gold.

“HOW many hours of your life will this cost you"? That’s a better way of looking at the price of a purchase – those irreplaceable hours of your life spent earning that money. Once you begin to see money as time, everything changes.

If you ask most adults what they remember about childhood Christmases, they won’t list what they unwrapped. They’ll tell you about burnt stuffing. About grandad asleep in the chair. About the year the tree fell over.

People rarely remember the price tag. What they feel is the attentiveness, the sense that you see them, you hear them, you value them. People don’t remember what you bought them 10 years ago.

Warren Buffett once said to picture all the gold in the world shaped into a cube (it's 20m per side). So, two telephone poles on top of each other and the same width and depth to make a cube. That’s it.