Susan was a successful Marketing Manager who we helped following her redundancy.
She was unsure what to do with her redundancy pay-out & the not so small matter of when she would find work again was also troubling her. Rather than simply advise her on how to invest her money, we looked at the bigger picture and discovered the household was paying off a couple of high interest loans.
We showed how much money she would pay back over the term of the 2 loans. She was horrified.
Also, the poorly performing endowment plan that she was also paying into each month was going to leave her with a significant shortfall when the mortgage was due to be repaid in 15 years time.
So we created an Investment Strategy. We paid the loans off with some of her redundancy, and created an investment portfolio with the balance designed to pay off the mortgage balance in 15 years time.
Paying off the loans significantly eased the pressure of Susans monthly commitments whilst she was without an income. Im happy to report that she has now found work again, her monthly commitments have reduced and she is now on track to pay the mortgage off.
