When it comes to making financial decisions, you don’t have to go it alone
The coronavirus (COVID-19) pandemic outbreak has affected people in
various ways. However, this has undoubtedly been a time for
contemplation surrounding our personal finances. Many have taken
the new-found time at home to conduct a review of their finances,
to assess necessary and unnecessary
expenditure. While uncertainty with the job market continues,
a tighter grip on finances is key.
Even if you have a solid financial plan in place, it still
needs to be updated regularly to ensure it reflects
any life changes. But what should your priorities
focus on now? Is it time to turn your attention to
your pension, ISA or your mortgage, or something else?
Should you be thinking about investing more for your
children’s education or putting an estate plan in place? And then
there are those previous company pension schemes to review –
is it three, four…or was it five?