What is the point of a financial planner anyway? That's the queston Teresa and Roger answer in this episode of Swallow the Anchor. The answer might surprise you. In a nutshell: think of a financial planner as your personal financial trainer. They will help you clarify your goal (the main reason people fail to get fit or save money in the first place), make sure your goal is realistic, draw up a plan for you AND IMPORTANTLY help you stick to your plan so you achieve your goal.

Are you too busy to plan your financial future? Clive and Roger talk about the solution to your problem. A proper financial plan is specific to you. That means it takes time and discipline to create and carry out. Alternatively, you can opt for something like WavesFinancial.com, a simple online financial toolkit designed specifically for yacht crew. It's a quick, easy DIY solution. Invest money and protect yourself and your income online. In this episode of Swallow the Anchor, Clive and Roger talk about how WavesFinancial.com works and how you can get 10% off a number of products on it.

In this episode of Swallow the Anchor, Teresa tells you how to get your finances sorted out if you are new to yachting. She talks you through the steps involved in getting a Standard Bank International mariner's bank account and explains why it is important to do so. You'll also hear about the YFSOL's Crew Business Lounge, a free space in Antibes where yacht crew can find some quiet headspace away from the yacht. Free WiFi and coffee too. Clive talks about protecting the money making machine. You are that machine. He explains the importance of life insurance if you have dependents. You aren't immortal, but your ability to look after your family if you die can be. Finally, you'll hear from Sulet Joubert from Garnished Chef Gear, who set up a chef's clothing/fashion business while she was still in yachting.

Why is risk a good thing? Find out how it drives your investment returns in this episode of Swallow the Anchor. Teresa explains the key role that risk plays in building your investment portfolio, when risk is beneficial and when it is less so. Clive and Roger talk about Waves Money, a simple online investment solution designed especially for yacht crew.

On this episode of Swallow the Anchor, Roger and Clive talk about the importance of protecting the goose that lays the golden egg. YOU ARE THE GOOSE. They also discuss YFSOL's new online financial toolkit for superyacht crew: WavesFinancial.com. This gives yacht crew online access to investing, life insurance, medical cover and travel insurance.

Swallow the Anchor - Season 5 Episode 6 - Investing in a Changing World by Yachting Financial Solutions

In this episode of Swallow the Anchor, Clive and Roger talk about investing in cryptocurrencies. They look at the benefits of the fund approach to investing in general. Clive discusses his process of chosing suitable investment vehicles for cryptocurrencies and compares it with identifying ways to invest in regular currencies. Lastly, Roger and Clive talk about how arbitrage works and how it can power an investment strategy—not just in cryptocurrencies.

Have you missed the ‘boat’ to sorting out your financial plan this year? On the latest episode of Swallow the Anchor, we talk about some simple steps you can take to get your personal finances back on track before the end of the year.

You are more important than money. Without your ambitions, dreams and plans, money is pointless. So make a plan first and then build up the money you need to make the plan a reality. That's when money becomes interesting: when it is a tool to help you achieve your dreams. In this episode of Swallow the Anchor, we talk about taking action and giving your money a purpose. We also hear from former yachties Andrea, Melissa and Dale about their lives in yachting and how they set about planning for their futures. You'll also hear from Sam Knight, who talks about the method behind investing in fine wine. (More about fine wine investing here: https://www.yfsol.com/yfsol-classic-opportunities-fine-wine/

What would you do if you won a million on the lottery? Most of us can answer that at the drop of a hat. Yet yacht crew don't need to rely on luck to have that million. You can plan to have it after 10-15 years in yachting. On this episode of Swallow the Anchor, we talk about the one simple thing you can do to make sure you have your million.