#68 Ian Richards – Financial Planning For Young Professionals

Ian Richards is a chartered financial planner and founder of Work to Live Financial Planning. Ian focuses on giving you certainty over what to do with your money by producing a tailored plan to achieve your goals. He specialises in independent financial advice, financial planning, lifestyle planning, investments and pensions. ⏺️ Voics: https://www.voics.co/🎙️ Podcast University: https://bit.ly/3Dqip2S🎤 Podcast Accelerator: https://bit.ly/3f1ir81📞 Schedule Free Call: https://bit.ly/3GsNyTU(00:00) Introduction(03:47) Ian Richards background (05:52) How much of financial planning is mindset? (07:46) Is it better to save or spend all of your money? (09:45) How do you find your financial 'why'?  (15:55) What do you consider when building a financial plan? (19:05) Scarcity mindset and lack of financial clarity   (21:43) The fear of lifestyle inflation  (24:23) How do you manage your income as it increases? (27:14) How do you structure your income on a monthly basis?  (29:53) What do you do if there is a financial market crash?   (32:58) Feeling the pain at the bottom of the market  (36:50) How should you invest a large sum of capital? (40:43) What is income protection insurance? (43:41) How important is accountability & ownership?   (49:00) Where can people find you? Please leave a review:- Spotify: https://spoti.fi/36RrL9Y- Apple: https://apple.co/3uCwViFSocials:- YouTube: https://bit.ly/3HleVy2- Spotify: https://spoti.fi/3EE3FuG- Apple: https://apple.co/32ArW7D- LinkedIn: https://bit.ly/3FCS3JA- TikTok: https://bit.ly/314iZD6Services:- Career mentoring: https://bit.ly/3FCS3JA- Podcast consulting: https://bit.ly/3aYzm5w- Newsletter: https://bit.ly/3JqwkXASupport the show