The year that is 2023 has started off wet, windy and downright crazy, and many of us are not feeling as refreshed and revitalised and we had expected to feel.

There seems to be a collective ‘meh’ across the country, with people feeling exhausted before the year even began. Everything feels hard.

Adulting itself has become awfully hard lately. In fact, even the kids are scratchier too.

Interesting Fact: People take out more insurance when life feels hard.

When life become more uncertain (e.g., caused by pandemic, incoming recession, rising rates, you know – all THAT stuff), people actively seek more certainty. One way folks do this is to secure their income or take out life insurance. What is even more interesting, is that in times of economic uncertainty and when cash is tight, folks are more motivated to pay for personal insurance (Cue the delighted giggles of the insurance nerds.)

Having insurance is something that most adults begrudgingly accept we have pay for. We buy it because life happens to all of us, and will happen, at some time (more so lately, it seems) and when bad things happen insurance will give us more choice, because in theory we are protected from becoming flat broke.

Anyway, this article is NOT about insurance, Dear Reader. Please continue!

Thank goodness it is not on insurance as, let’s be honest, none of you would read it. Insurance is not exactly sexy (unless you are from our insurance arm Caveo, of course.)

This article is about something much more exciting. It about having choices, and the ability to choose when times are tough.

And as many Pinterest philosophers would espouse, the choices we have in the future are a direct result of the choices we make today.

How about making a conscious choice to protect and grow your wealth? How about choosing to live intentionally with your money, as opposed to living by default, pay check to pay check or in masses of debt (it’s ok, we’ve all been there.)

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Make good choices based on the simple principles of wealth accumulation, and see how you feel.

Wealth gives security, certainty, peace of mind, freedom and most importantly – choices. Hooray for more choices, we say!

Wealth accumulation means your money grows itself and works hard to give you more choices down the track. This usually occurs after intentional decisions have been made along the way to protect and grow your position.

These decisions are straight forward and include:

Securing your income.

Investing in property.

Protecting your assets.

Being tax efficient.

Managing your risk.

Having a financial plan.

Leveraging your assets.

It’s not rocket science, nor is it some kind of risky get rich scheme. It’s just straight-up, tried, and true, principles that work. Even the Egyptians knew it.

The Egyptians were very clever, and so are you.

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This year our focus in The Spin is going to be all about choices, especially making good choices, to help you grow your position.

You have come through the door for a mortgage or some health insurance but there are other choices you can be making to build your wealth. Getting familiar with these basic wealth principles and practising them in your everyday will stead you much better for the future, and this is the real cherry on top.

So, 2023 – come at us. We are ready.

The VF Team

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