Top financial mistakes that could at best be costing you hard earned money and at worst leave you exposed to hours of wasted time and worry…
1. Not paying down your borrowings first
2. Not using all your tax allowances
3. Starting your retirement fund too late
4. Using cash from your ISA’s and PEP’s
5. Not reviewing what you are being charged for life assurance regularly
6. Buying an ‘investment’ because everyone else has
7. Not keeping an eye on your investment once you have it
8. Not being prepared to pay for independent impartial advice
9. Not putting your life assurance in Trust
10. Not having a Will or Lasting Power of Attorney
11. Taking the first offer from your pension company on retirement
Business owners!! Here are the top 10 oversights that could at best be costing your hard earned money and at worst leave you exposed to hours of wasted time and worry…
1. Not having a written shareholder agreement
2. Not paying yourself dividends because it would mean paying other shareholders too
3. Relying on the sale of your business to retire
4. Staying with the same Accountant year after year
5. Paying rent for your business premises
6. Not having a business exit strategy
7. Getting ripped off by the banks
8. Not using your IT properly
9. Focussing on Turnover instead of the bottom line
10. Not making sure the business can survive the death or disability of a key person