If you’ve never paid for financial planning, don’t assume you’re getting it for free.
You’re paying for it. Just not on an invoice. You’re paying in the decisions made slightly wrong, the risks you didn’t need to carry, the tax you didn’t need to pay, the worry that sat in the background for years. None of it shows up as a number, so it doesn’t feel like a cost. It is one.
That’s the awkward thing about doing nothing. It looks free. It’s usually the most expensive option in the room.
The price of getting on with it is visible and finite. The price of not bothering is invisible and open-ended.
Most people only weigh the visible one.