money

Take the fast track to financial wellbeing

Take the fast track to financial wellbeing

Many of us struggle to efficiently manage our money, leaving our financial lives in poor health. As the momentum to put our financial lives through a thorough health check builds, we’re still left wondering whether we even have the energy to think about where we’re going to start let alone get stuck into bank statements and pension forecasts.I’ve got some bite-sized pieces of advice that you can take at any time of the year, but please do use them as a prompt to get your financial life on the road to wellness now.

It’s just too easy to put off that weekend slot for a forensic investigation of our spending and saving behaviour.

Paula's story: Scam misery cost Mum living overseas thousands

Paula's story: Scam misery cost Mum living overseas thousands

Paula’s parents took early retirement overseas, but when her Dad passed away her Mum was left to pick up the pieces. Isolated, lonely and vulnerable, Paula’s Mum turned to internet chat rooms and social media for comfort and company but instead found a gang of scammers who took more than £30.000 of her savings.

James’ story: My struggle to bring order to Dad's financial chaos

James’ story: My struggle to bring order to Dad's financial chaos

Although James was a chartered financial advisor, he could not persuade his Dad to share money responsibilities with his Mum and relinquish the paper-based ledger he used to record all the household’s finances for decades. As his Dad’s dementia worsened, James felt even less able to press to see his parents’ affairs. After his Dad passed away, James found a huge muddle of accounts and unpaid bills that took months to sort through and cost his Mum thousands.