Charles Stanley Wealth Managers: Questions Create Change

12:58 25 March 2022

Whether this is your first foray into investing or exploring your options for the future, curiosity through questioning builds understanding and confidence.

The Bath branch of Charles Stanley Wealth Managers is here to encourage more questions, so we can provide more answers. When our curiosity is triggered, we think more deeply and rationally and come up with more creative solutions.

Questions are powerful because they allow someone to create real change. Taking an active interest in planning your finances – from making sure you’re up to date with tax exemptions and allowances to planning for retirement – can maximize your income and increase your overall wealth. This is one area where using your innate curiosity can truly transform your life.

How much do you really save each year? Where are you spending too much? Are you borrowing money in the most efficient way? Do you know what your maximum ISA allowances are this year? What about Junior ISAs – or JISAs – for your children or grandchildren? Will it be a tax-efficient way to help future generations? How much will good financial planning save the taxman when my inheritance is finally distributed to those I love?

Edward Playne, chief investment officer at Charles Stanley Wealth Managers in Bath
– Credit: Charles Stanley Wealth Managers

You should be sure to ask questions, even if you think you might be considered lacking in knowledge. As the old Chinese proverb says, “He who asks a question remains a fool for five minutes. He who asks no question remains a fool forever.”

Sometimes we ask questions just to start a conversation. It is the end point of these conversations that produces a transformative action plan. Never be afraid to ask questions, even basic ones, because they will fuel your curiosity.

The more questions you ask, the more your knowledge and understanding increases. This means that you are better prepared for the future to deepen your future planning. Columbia University in the United States cited four basic rules of questioning in its journalism course. They are the following:

  • Prepare carefully, familiarizing yourself with as much background as possible.
  • Establish a relationship with the source conducive to obtaining information.
  • Ask questions that are relevant to the source and prompt the source to talk.
  • Listen and watch carefully.

Being curious about your financial future today can help you feel confident tomorrow, giving you peace of mind that your finances will be strong and secure.

Charles Stanley Wealth Managers logo

Charles Stanley Wealth Managers logo
– Credit: Charles Stanley Wealth Managers

Edward Playne is an investment manager at Charles Stanley Wealth Managers in Bath.

For more information on how we can help you be more curious, contact a member of our Bath team to get your free financial health checklist.

01225 809 982
[email protected]

The value of investments, and any income from them, can go down as well as up. Investors may get back less than their initial investment. Charles Stanley & Co. Limited is authorized and regulated by the Financial Conduct Authority.

Dolores W. Simon