You've built your success through years of hard work. With that comes the complexities of balancing family, career, and planning for the future. That's where the concept of ‘the three Ls’ comes in: Liquidity, Legacy, and Lifestyle. By managing your finances to balance the three, you can achieve the life you want while building a secure financial future for yourself and your loved ones.

Liquidity - How much cash is enough cash?

Liquidity refers to cash and other assets you have available that can be easily converted to cash. Having adequate liquidity is essential for meeting short-term financial needs, including fixed costs such as a mortgage or school fees as well as unexpected expenses or emergencies. Without liquidity, you may be forced to sell investments or other assets at unfavourable prices or take on unnecessary debt. However, liquidity should not come at the expense of your long-term financial goals.

Legacy - What will you leave behind?

Legacy refers to the assets you leave behind for future generations – intergenerational wealth. This could include investments, real estate, businesses, or other assets you want to pass down to your heirs. Planning for your legacy can be an important part of your overall financial strategy, as it allows you to transfer wealth to future generations while minimising taxes and other costs.

Lifestyle - Life, well lived

Lifestyle refers to the way you want to live your life. This could include travelling, pursuing hobbies and interests, or simply enjoying time with family and friends. Many people want to strike a balance between prudent financial planning – for the long term and for those worst-case scenarios – and living in the moment with a lifestyle that makes them happy. While it's important to live within your means and avoid overspending, you also want to ensure you're not sacrificing your quality of life in the pursuit of financial goals.

Go beyond everyday banking

It's easy to get caught up in the day-to-day when it comes to financial management, especially when short-term conditions might be unpredictable and all-encompassing. But, there are planning opportunities that can and should be utilised when economic indicators seem to keep changing.

Bucketing your financial approach into the three Ls and working to build a strategy to balance them can help you sharpen your mind when thinking about using wealth in the most meaningful ways. Now is a great time to consider planning approaches that may suit your situation – and that's where NCB Ascend's personal banking services can help.

Personal bankers can work with you to develop a customised financial plan that considers your unique goals and priorities. They can help you optimise your portfolio to maximise returns, while keeping the risk within the scope of your established risk tolerance, and provide access to a range of investment and wealth management solutions via our wealth management arm NCB Capital Markets Limited.

An exceptional experience.

Generations of high-net-worth families like yours have benefited from NCB Ascend personal banking services and exclusive privileges. The NCB Ascend offerings have now been revamped to offer you even more, including:

• Annual Portfolio Reviews so your portfolio stays aligned with your financial goals

• An assigned Personal Banker who’ll help you navigate financial solutions 

• An exclusive service area in select branches 

• A Priority call line to reach the NCB Customer Care Centre when you need us

• Preferential terms on on loans and deposits and special offerings on investment and insurance products

• 1 complimentary Certificate of Balance/Auditor’s Confirmation/Special Letter per annum

Get to work on your three Ls and discover how much more awaits you with the new NCB Ascend when you make an appointment with a personal banker today at jncb.com/ascend.