Four more ways to choose good boxes for your money.

A 6 to 12-minute read – depending on your speed

This is the last of four Insights on how to choose the right boxes for your money.

Here, we’ll complete our eight-point FILTRATE checklist – and so, equip you to assess any financial product (or strategy) that anyone could ever put to you.

What we’ve covered and what’s coming up

In this series, we’ve seen:

• Why professionals use checklists in all complex environments.
• Exactly how complex the money box landscape is.
• Where this task (of selecting money boxes) fits in the broader process of designing your financial life plan.
• Why it’s your ideas (for what you want to have, become or do in the future) that determine the money boxes you need.
• The eight-point FILTRATE checklist – in outline at least.
• Why there’s no such thing as a perfect money box for everyone.
• That your unique circumstances and ambitions make your (money-box feature) priorities unique to you, too.
  • This means you can’t take shortcuts, and you need a checklist to consider the pros and cons of your options.
• That a solid checklist could save you, your friends and family (and thousands of others) from losing life savings to scammers.

So, if you’ve not yet done so, read those first three Insights before this one.

Here, we’ll complete our detailed look at the FILTRATE checklist with examples of how each check could help you choose the right boxes for your money.

So, let’s get back into this now, with the next check on our list, which begins with the letter ‘R’.

Check ‘R’: Does this money box have the right (risk/reward) range of investments?

For financial advisers, planners and coaches

This educational Insight is one of many we’ve created for you to use under license in your business to help more people make better financial decisions – and see the value of professional advice.

You can brand these licensable insights to your business style and add your own firm’s calls to action.

If you have any questions, please email me at hello@paulclaireaux.com