I’ll be the first to admit that I am not very grown up when it comes to money. I leave all the boring stuff such as investments, savings, pensions and ISAs for my husband Rob to deal with and instead apply my brain to creating, talking about and writing about home interiors. I rarely even open the finance-related post as I assume it will be a) boring and b) difficult to understand and I don’t have time in my already complicated life to try and understand more things!
This spring, however, Rob sold some shares to fund a particularly special summer holiday. And guess what, it turns out that reaping the benefits of an investment can be a pretty good incentive for doing it again!
All of a sudden, as well as holidays, I had my eyes set on all the home improvements we could do. I’m after a new kitchen as our current one is 15 years old. Even more exciting though is the potential of converting our garage into a design studio. When Aviva then asked me if I was interested in learning more about their investment options, for once I was all ears!
Aviva offer a wide range of investment options including Wealthify, a Robo investment tool which simplifies investments for you. As a self confessed finance-phobic I was very happy to have a good chat with Al from Aviva who helped me to answer my initial questions about it.
The big issue for me of course, as I said earlier, is that I don’t have any experience and I think it’s bound to be complicated. But Al assured me that with Wealthify at Aviva no experience is necessary. All you have to do is answer a few simple questions to start with (such as how much you want to invest and how often) and your investments will then be managed for you by a team of experienced and qualified investment managers. Al reminded though that I should check it myself from time to time as investments can go down as well as up so you could end up with less than you started with.
It was all sounding good so far, and investing for my home improvements was starting to look more and more achievable. My other main question to Al was - if I’m saving already though (well, hopefully Rob is 😊😂 ) why do I need an investment too? There was another good answer from Al here - while savings are vital for unexpected expenses, investments have the potential to grow, so having both savings and investments makes good financial sense to me.
So, it’s amazing how experiencing or visualising the benefits of an investment can focus your mind on what needs to be done to achieve that goal. And then using Wealthify to help you to do this. I’m certainly keen to get going 😊.
My first chat with Al here
My second chat with Al here
For more information about Aviva and Wealthify click here.
This blog is part of a paid partnership with Aviva UK but, as always, all opinions are my own.