When it comes to making financial decisions and getting your finances in order, 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?
If you’re unsure what diagnosis to give your current money situation, maybe it’s time to consider a financial health check. But where do you start?