In the wake of the Brexit vote, you’ll have heard a lot of talk about the financial markets: about the value of sterling falling to a 31-year low; about the FTSE 100 going into freefall; about the country losing £250 billion in one day – the equivalent of 40 years’ worth of membership fees to the European Union.
Posts with Category: Finances
Accounting and Bookkeeping tasks are all too easy to push to the back burner, but that only creates a bigger mountain to climb in the future. Staying on top of basic bookkeeping needn’t be a huge chore with these timesaving ideas.
Taking care of your personal financial situation can at times seem like a momentous task and one that you require help from professionals with. If you have financial problems there is no point in ignoring them, as the more they add up the more worries you will have in the future. Using a wealth advisor is a great way to sort out your current and future finances.
There are many ways they can help you out, whether you’re struggling to get by or just need some advice on what to do in the near future. Here are three reasons to use a wealth advisor.
1. Prepare for Retirement
The majority of workers should already be paying into a company pension thanks to the government’s workplace pension scheme. However, some people will be worried that this won’t be enough to live off comfortably when it comes to giving up work.
For this reason it is worth seeking out a wealth advisor to create a plan for saving towards retirement. They will look at your current financial situation and work out what will be required to live the same life you have now for (hopefully) another 20+ years when you won’t be working.
The world of forex is fast-paced and exhilarating. It provides a mental challenge unlike any other, offering the prospect of dazzling profits weighted by the risk of staggering losses. Those who choose to play will soon come to understand that nothing is guaranteed: neither money nor mayhem, triumphs nor tragedies.
While chancellor George Osborne may have spent much of his time recently fending off both personal and professional criticism, he has enough to deal with when attempting to manage a decline in UK economic growth. Having recently announced huge downgrades to the nation’s growth outlook and revealed higher levels borrowing, he also courted controversy with a tight and largely polarising budget.
There was good news for small business-owners, however, who have been afforded tax relief and lower corporation charges. This has encouraged many independent entrepreneurs to consider their growth plans for the future, as they look to invest their profits and optimise these for long- term gains.
3 Top tips for investing Business Profits
Investing commercial profits is an endeavour that is fraught with both opportunity and risk, however, so you will need to consider the following tips to protect your venture and make the most of your success: –
Over half of UK would save an extra £1000 rather than spend it
What would you do with an extra £1000? If you’d rather save it than spend it then you’re in the majority. This is the preferred option for 57% of the UK according to a new survey from crafting company Stampin’ Up!
Just over 70 per cent of small to medium enterprises (SMEs) in the UK describe themselves as a family business. Started out by father and son, or husband and wife, at first sight it seems like an ideal solution to finding a great business partner, but working with your nearest and dearest isn’t without its pitfalls.
I received an Epson ET 4550 Eco-Tank printer to review.
I run a small business from home and also have two secondary age children. They both have lots of project work and things they want to print – we also regularly print out photos for sending to relatives, and I enjoy papercrafts and cardmaking and quite often print out fully coloured A4 sheets, and full sized photo images. So I need a workhorse of a printer.
UPDATE: Merlin Annual Pass Summer Sale 2017 runs from 1st June to 13th July 2017. I am giving away two free Merlin Annual Passes here
If you’re anything like most of us, you won’t have given much thought to making a Will. It’s one of those things there always seems plenty of time for in the future, but is actually quite urgent for parents of young children. No one knows what’s round the corner, and having a robust Will where your children are provided for is a very comforting feeling.
Making Sure ALL Children Get Their Share
Today’s typical family often doesn’t follow the ‘mum, dad and two kids’ scenario of previous generations. We have extended families that include our partner’s children as well as our own, and we often love them like our own too. The trouble is, the law sees stepchildren differently, and will exclude any from a share in your possessions unless you specifically name them in a Will.