Savings & Investments
We should try and set aside money out of earned income and pay regular lump sums into a building society account for short-term needs should you lose your job or should an emergency come up.
Once a tidy sum has accumulated – then exposure to an asset-backed investment should be considered.
Business and Cash Management Programme
It is all very easy to neglect the domestic housekeeping – few of us enjoy plodding around for cheaper house insurance or checking the interest rates for money left in an old account at your bank or building society.
Yet sharpening up your personal financial affairs can save you thousands of pounds a year. You should make your bank deposit money work harder. With a new range of high interest current accounts and savings plans you could be earning far more interest than you currently do.
So, contact us now and we can provide you with the tools to make your money grow faster – without risk in another account.
Simply tell us the amount you hold and what access you need and for a small fee we will check the market for the most advantageous account for your needs and email you back a personalized recommendation. Your money could be earning much higher interest rates within days.
Choosing a deposit account for business/personal use
There are a wide range of bank fixed or variable rate deposit accounts but what is right for you?
You may regularly pop in to your high street bank and talk to a member of staff is friendly and welcoming. Howewever normally the high street rates are much lower than telephone or internet based accounts.
For businesses also your business bank account may be healthy with a big balance but what interest rate are you getting? Normal answer here by the manager is a competitive rate. Well we challenge you to give us an amount of money and 9 times out of ten we beeat it.
For it suits the banks to offer lower rates and pay for their expensively furnished and staffed high street premises.
It is easy to see that internet based accounts with a handful of staff is cheaper to operate.
Investments
Whether going for growth or income, one has to regularly review your strategy not only for the short term but the long term as well.
Stockmarkets generally rise over 5 years or more but which product do you take out?
Individual Savings plans – ISAs, With Profit Bonds, PEP Plans, the list goes on. If your return was good over the last twelve months how will the next twelve be?
These are some of the questions we are always asked and our Wealth Management clients now have stopped worrying over as the have outsourced these questions to us. Our regular meetings sweep up the loose ends.
