Guide: How an Olympic mindset could help you manage your finances effectively

What makes an Olympian? Natural talent or the hours put into training might be the first things that come to mind. However, their approach and mindset play an important role in their achievements too.

An athlete’s mentality will have a huge effect on how they pursue goals and their ability to perform well when it matters most. Getting in the right frame of mind for success could mean the difference between making the Olympic team and missing out.

With Paris hosting the Olympics in 2024, now could be a good time to look at what you could learn from Olympians when it comes to managing your finances effectively.

Read our latest guide to discover some of the steps you could put into practice.

Get in touch

To manage your finances effectively, you don’t need to engage the services of a sports coach, but you can think of a financial planner in a similar way. As financial planners, we’ll work with you to identify your goals and create a blueprint that may help you reach them. We’ll be there to offer guidance when you face unexpected setbacks, update your plan when your circumstances change, and, hopefully, celebrate your successes.

If you’d like to arrange a meeting to talk to us about how to manage your finances effectively,
please get in touch. Email advise-me@fosterdenovo.com or book a meeting 

The value of your investments (and any income from them) can go down as well as up and you may not get back the full amount you invested.

Investments should be considered over the longer term and should fit in with your overall attitude to risk and financial circumstances.

A pension is a long-term investment not normally accessible until 55 (57 from April 2028). The fund value may fluctuate and can go down, which would have an impact on the level of pension benefits available.

Past performance is not a reliable indicator of future performance.

Foster Denovo Private Wealth is a trading name of Foster Denovo Limited, which is authorised and regulated by the Financial Conduct Authority.