fbpx

INSIGHTS WITH EVALESCO

Holiday on the horizon: maximising your break
by Kate Ferraro | 7 December 2021

TOPICS DISCUSSED

Plan your holiday
Wrap everything up at work
Set and maintain boundaries
Make time for family and friends
Recharge and engage your passions
Allow yourself to do nothing

Whether you’re glued to your desk most days or have honed the work/life balance, we all need to take a break at some point. The end of the year is a great time to reflect on your achievements and recharge. But while December is when many of us are trying to wind down, it can also be a chaotic time, with holiday festivities filling up our calendars and mounting pressure to get everything done.  

Here are some tips on how you can make the most of your upcoming break. 

Plan your holiday 

Consider what you want your holiday to look like – do you want your days to be filled with exciting things to do, or will you take it easy? You don’t need to plan every aspect of the holiday (often the spontaneous moments are the best), but knowing in advance what you want to do, will help you fit in everything. 

Think about your budget as well. Will you need to save ahead of the holiday or be more prudent in your spending while you’re away? Determining this in advance will reduce stress on your actual holiday. 

Wrap everything up at work 

It will be difficult to unwind if you’re still thinking about those emails you’ll need to send when you get back to the office, or that half-finished project you didn’t complete. 

While it might not be possible to wrap everything up at work, prioritise your tasks so you can tick as many things off your list as possible. The Eisenhower Matrix (also known as the Urgent – Important Matrix) is helpful for determining which tasks you need to do, and which can wait. 

Decide how contactable you want to be over your holiday. In your Out of Office response, list the dates you’ll be away from and the contact details of anyone who can be contacted in your absence. If you’ll periodically check your emails, decide whether you want this to be known or not. 

Set and maintain boundaries 

Whether you completely stop working or check in every now and then, avoid the temptation to constantly check your emails. While checking your messages may only take a few minutes once you do so you’re drawn away from where you are in the present and are right back in the office. And by responding, you’re setting an expectation that you’re always reachable, making it difficult for you to ever switch off. 

Make time for family and friends 

The holiday period is perfect for spending quality time with friends and family members you don’t see as regularly. You’ll get the chance to create happy memories together and catch up on what is happening in your loved ones’ lives. 

Recharge and engage your passions 

Perhaps you love reading but can’t recall the last time you finished a book or can no longer find time for a round of golf. Carve out time to do what you love on your holidays. 

This is also the perfect time to try your hand at something you’ve wanted to try out but haven’t yet had the chance. If you’re heading to the beach, sign up for a stand-up paddle boarding or surfing class, try skiing if you’re at the slopes, or participate in a local cooking class if you’re overseas. You may find a new passion which will then always remind you of this holiday. 

Allow yourself to do nothing 

You might have big plans for what you want to do for your time away, or you might simply be looking forward to doing nothing. If you are feeling burnt out and stressed, a holiday is the perfect time to just take it easy – no to-do list, no pressure. 

Whether your break is just a day or two, or several weeks, taking a holiday can replenish your physical and mental health, increasing your efficiency in the long run. Enjoy your well-earned break! 

SHARE OUR INSIGHTS

Share on Facebook

Share on Email

Share on Linkedin

NEWSLETTER

Sign up to get the latest insights with our newsletter delivered straight to your inbox

Slide
“How will I measure the value or success of receiving financial advice?”

We believe the true value of financial advice isn’t found in dollars and cents (although this is important too!) but in the peace of mind a financial plan can provide. It’s knowing where you want to go and how to get there, with a dedicated team behind you every step of the way.

Slide
“How do I know Evalesco is the right fit for me?”

We know the impact of good holistic financial advice can make and we have the life experience, technical capability and quality support team that can make that difference for you. We’ve empowered over 1000 families through the delivery of great financial advice, to be healthy, wealthy and happy.

Slide
“How do I know how much money I will need to retire?”

The amount of super you’ll need when you retire depends on your big costs in retirement and the lifestyle you want. The Associate of Superannuation Funds of Australia (ASFA) estimates for a single $44,224 a year and for couples $62,562 a year is how much you may need. This is only an indicator and our advisers assess everyone’s individual circumstances.

Slide
“Why should I pay for financial advice?”

The fees we charge for financial advice is only a fraction of the value we derive for our clients, meaning our clients are always better off after seeing us. Rarely do we encounter a new client invested appropriately for their needs, with adequate risk protection, structuring and estate planning provisions in place. Even small tweaks to a financial plan over a long period of time can result in drastically better outcomes for our clients which eclipses the fees of the financial advice. Additionally, you can opt-out of an ongoing fee arrangement at any time.

Slide
“How do you charge for your services?”

In our discovery meeting with you our advisers discuss the initial advice fee and the ongoing fees associated with our services.

Slide
“What is the process for getting our own personal financial plan?”

After our initial phone call to discuss why you are seeking a financial adviser, we arrange a discovery meeting that outlines what is important to you, your current position, our areas of advice, our approach. We then present a Statement of Advice (SoA) to discuss your goals and our recommendations and go through the steps of how to proceed to the implementation stage. After signing the SoA, we discuss your questions, get you to sign the authority to proceed and complete any application forms before implementing the recommendations detailed in the SoA.

Slide
“Should I pay more off my mortgage or put more money into super?”

One thing to consider is the interest rate on your home loan in comparison to the rate of return on your super fund. Before making a decision, it’s also important to weigh up your stage in life, particularly your age and your appetite for risk. Whatever strategy you choose you’ll need to regularly review your options if you’re making regular voluntary super contributions or extra mortgage repayments. As bank interest rates move and markets fluctuate, the strategy you choose today may be different from the one that is right for you in the future

previous arrow
next arrow

Evalesco Financial Services Level 17, 20 Bond Street Sydney NSW 2000
Phone: (02) 9232 6800

The information provided on and made available through this website does not constitute financial product advice. The information is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Evalesco Financial Services do not warrant the accuracy, completeness or currency of the information provided on and made available through this website. Past performance of any product discussed on this website is not indicative of future performance. Copyright © 2019 Evalesco Financial Services. All rights reserved

Evalesco Financial Services Pty Ltd is a Corporate Authorised Representative (325313) of Australian Advice Network Pty Ltd.

ABN: 13 602 917 297 AFSL: 472901