Money management is about managing your money in the best way possible.
But when it comes to managing, there are so many choices:
– Spend for today or save for tomorrow?
– Keep your money in cash or invest for growth?
– Put it in an ISA or lock it away in a pension?
To answer these questions, you need to consider the trade-offs:
– Spending today sounds great, but may require you to work for longer.
– Cash comes with security, but limited opportunity for growth.
– ISAs are easily accessible, but they don’t come with pension tax relief.
This is where financial planning comes in. It shows you where you are today, where you want to be and what’s required to get there.
It helps you understand how the decisions you make today can impact your future.
It’s about bringing the future into the present so that you can do something about it today.
It helps you find the right balance between living for today and building for the future.
Free financial consultation
If you want to know more about money management, why not book in for a free consultation?
This will help you to work out where you are today, where you want to be and then create a plan to get you there.
All the best,
James Mackay, Independent Financial Adviser in Bristol
Financial Advisor Bristol and Pension Advisor Clifton
About us: Frazer James Financial Advisers is a financial advisor, based in Clifton, Bristol. As an independent financial adviser, we’re able to provide independent and unbiased financial advice. We provide independent financial advice, pension advice, investment advice, inheritance tax planning and insurance advice.
If you would like to speak to a Financial Advisor, we offer an Initial Financial Consultation without cost or commitment. Meetings are held either at our offices, by video or by telephone. Our telephone number is 0117 990 2602.
Frazer James Financial Advisers is located at Square Works, 17 – 18 Berkeley Square, Bristol, BS8 1HB.
This article provides information about investing, but not personal advice. If you’re not sure which investments are right for you, please request advice.
Remember that investments can go up and down in value, you may get back less than you put in.