Will you have too little, too much, or just enough money?

Try out cash flow modelling for yourself with our free “Truth About Money®” tool

What is Truth About Money® and what does it do?

Truth About Money® is a consumer cash flow modelling tool that we have provided access to, free of charge. It shows part of what we do in our bespoke financial planning process.

The tool will ask you questions about what you earn, spend, save, own, and owe. It then uses government statistical rates and generic assumptions to produce an estimated cashflow forecast chart based on the values you input.

Once the cashflow has been produced, you can play around with assumptions. So, for example, you can see what would happen to your cash flow in the future if you spent less per month or earned more.

We provide access to Truth About Money® because we believe it is a useful tool that can help you understand your finances and assist you in visualising what your financial future could look like.

What is the difference between Truth About Money® and the full financial planning software we follow?

Truth About Money® uses general assumptions and statistical rates instead of asking for details such as start/end dates, interest rates and how you intend to crystallise any pensions, for example. The cash flow that results from this is, therefore, generic.

The financial planning we do with clients is much more than just generic cash flow modelling: it is comprehensive financial planning where all assumptions are tailored to your specific circumstances and goals. There are detailed tax breakdowns and it can simulate just about any scenario including the financial impact of a disability or death. It also allows us to stress test the model with, for example, market crash simulations. It is an extremely powerful tool used by qualified professionals that allows us to give responsible and accurate advice. We’d be happy to explain it in more detail if you’d like further information.