Inflation is sky-rocketing, electricity is going up…
“Sure what can you do, we may just cut back…”
I see people make tea-light ovens to heat your kitchen… great idea..
You could also take a look at your bills, what’s essential, what costs the most? What’s likely to go up? Do I really need that?..
The mortgage –
You have to pay that. ECB rates rising… unlikely to stop, banks will soon push that onto the customer. (Tracker mortgages are already seeing the pinch)….
Switching your mortgage now to the lowest rate, longest fixed term you possibly can make a huge difference to your bank account.
Not to forget it’s securing your payments for that term so you know that’s one thing that won’t be going up.
What about your insurance?
You shop around for car and home insurance regularly, Did you know you can do the same with your life insurance, mortgage protection, income protection? We compare the entire market & have exclusive discounts. It wouldn’t hurt to see how much you could save.
What about your savings?
The negative effect inflation can have against money you have in the bank versus having it invested with positive interest can be eye-opening. We can show you, for free….
If you plan on using your savings for things like children’s education, their first car, that dream holiday, ask yourself… am I going to need this within the next 5 or even 10 years?…
The further away your goal is and the longer your money is invested, the more you earn, rather than lose in the bank due to inflation.
There are many other goals you should be aware of such as retirement, old pensions & planning for your business…
Our financial plans are free up until the end of October, so don’t miss out.
It will allow you to visually put every aspect of your personal life together and create a plan to meet your personal and financial goals.
Learn more on how a Financial plan could help you….