I get it. Right now things are going well. You may have an adoring partner who you love. You may be thriving in your chosen career. You might just be enjoying the here and now, working hard and playing harder. Socialising with friends and family and basically living life to the maximum. There is nothing wrong with that at all. Life is too short, after all. But there is also no harm in thinking about the future and preparing for it as best you can.
You are bound to have ambitions and hopes for the future, are you not? You may want to start a family, progress further in your career, tick of destinations in your bucket list or even retire from work early. Many of these things don’t just happen, and they need an element of planning and preparation to make them your reality. I thought I would discuss some of them with you and hopefully help you to start preparing for your future, however it looks for you.
So you want to start a family
Relationships can be hard work. They need you both to work at it, nurture and communicate with one another. Support one another in all aspects of life and to trust each other. Getting over that honeymoon stage and being in a loving relationship doesn’t happen often, but when it does it can feel like heaven on earth. But then you start to think about he future, and perhaps you even discuss marriage and things like that. But one thing that does need some thought and preparation is if you decide you might want to start a family. For many people, conceiving is something that can be hard to overcome. But not only that you have to think about the financial implication, the place you live, the logistics and your job, even looking into more info on paediatrics and registering for schools down the road. There is much to think about, and why many of these decisions don’t need to be decided upon now, you do need to understand that you are both on the same page when it comes to your future. Do you both want children? Is it part of the life plan? Often with these sorts of things the conversation leads on to the future and you can both then decide when would be a right time for you both.
Moving up the career ladder means you need to own it
Your career might be extremely important to you. It may have taken years of study to get where you are today, or years or hard work and grit working from the bottom to your position right now. Careers are either what you want in life or you don’t. If you live to work then it might be extremely important to you and career progression could be a huge part of how you see yourself in the future. There are many ways that you can prepare yourself in the future when it comes to your career. Perhaps knowing what job you want to do next and taking them time to learn relevant skills or gain necessary qualifications to make it happen. It might be that you have to update your resume, or even move to a different company to get where you need to be. A career move is significant. It can help change your lifestyle, give you more reassurance and clarity in your job, and can boost your confidence. It can certainly be a life changing thing, and if it happens to be something you want and you have the ambition to make it happen, then you are going to succeed.
Buying a property and getting on the ladder
A big ambition for many for the future involves property and getting on the property ladder more specifically. It takes time to save up enough to take that initial leap, and then you have the maintenance and upkeep. Not to mention the monthly commitment of paying back the mortgage. But getting on the property ladder is a great step to take. It is a solid commitment to your future. Property tends to rise in value, especially if you make some significant changes or improvements to the property. The ladder needs to be climbed, so many people do this and move on from each place, slowly building up their profit each and every time they do it. Other people take advantage of the property boom and buy additional ones to the one they live in, purely with the idea of renovating and selling or renting out for a more long term investment. Which ever avenue you decide to go down, property ownership is a great thing for your future. But it does need some thought and preparation now to help you get to where you want to be. In terms of buying a property you do need to be able to afford the commitment each month, have a stable job or business to get the mortgage and have saved up a percentage of the total sale price in terms of a deposit. There are also fees to consider for the legal aspect that you will also need to have upfront.
Saving for your future
Finally, the last thing to consider preparing for when it comes to your future is the money aspect. Saving in terms of the things you want out of life, the things you want to achieve and, of course, saving for the later years in life. Saving can come in all shapes and sizes. You may need to save for your holiday or vacation later this year. You may be saving for a house that we have just explored. You may be saving so that you don’t have to work so long and that you can retire earlier. There are many things you could do in terms of saving, but it needs preparation and planning to make it happen. It might be separate bank accounts to keep totals and savings separate. It might be working out the total and breaking it down into sizeable goals that you can achieve. It might even be just saving little and often. However you decide to do it, make sure you have your future goals at the forefront of your mind.
I hope that this has enlightened you with some of the things you can start thinking about when it comes to preparing for your future.