In this season finale of The Century Plan, we wrap up our exploration of what often holds people back from engaging in financial planning. Throughout this season, we've tackled several common barriers and uncovered ways to overcome them. Here are some key factors we discussed:

• Difficulty connecting with our future selves: Many people struggle to envision their future and prioritise present desires over long-term goals.
• Perfectionism: The fear of making the "wrong" decision or not having all the perfect information can prevent action.
• Lack of time: We explored whether people truly don't have time for financial planning or if procrastination is the real issue.
• Decision overwhelm: With so many options available, the inability to make decisions can lead to inaction.
• Not knowing where to start: Financial planning can feel like a huge, overwhelming task, and not knowing where to begin stops many from taking action. We give you five actionable steps to help.
• Emotional barriers: Past financial mistakes or the emotional attachment to money can prevent people from taking the next step.
• Cost concerns: Many people hesitate to invest in financial planning due to concerns over cost, despite the potential for long-term savings.

If any of these resonate with you, you're not alone. Tune into this episode for a recap of the season and tips on how to get started with your own financial planning journey.

Useful information

Host: Dennis Hall

Host: Sarah Steele

Contact us: ask@yellowtail.co.uk

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Founded by Dennis Hall, Yellowtail are the trusted financial planners who advise individuals & families across the UK. Yellowtail’s experts provide the clarity, control and confidence to guide you through financial planning, estate planning, pension transfers and investment management directing your journey towards a prosperous retirement and financial peace of mind.