Published On: Mon, Oct 19th, 2020

10 ways to plan for the future and protect your finances | Personal Finance | Finance


Below are the some of the best ways to get on top of your finances (Image: APL MEDIA)

In these uncertain times while we’re all adjusting to the new normal, feeling secure is more important than ever.

One of the quickest and most effective ways to achieving this is by taking control of your finances, saving money, and safeguarding your future and that of your loved ones.

And while it can seem intimidating at first, it’s quite attainable with the right advice.

From Will preparation and retirement planning to debt collection and credit debt solutions, these are the some of the best ways to get on top of your finances.

Take the sting out of debt recovery

Make debt recovery as pain-free as possible (Image: APL MEDIA)

Recovering outstanding debt can be hugely stressful for everyone involved.

Access Credit Management attempts to alleviate most of the stress, stepping in to deal with slow-paying debtors on your behalf and taking the time to understand your business needs.

Whether you require assistance to revise your company credit policy, a sales ledger cleanse or a helping hand with some overdue accounts, turning to Access Credit Management can mean you have one less thing to worry about. accesscm.co.uk

Protect your family by preparing a Will

Protect the future of your loved ones by preparing a will (Image: APL MEDIA)

A Will is one of the most important documents you’ll write, ensuring your children don’t have to fear sideways disinheritance, or that the home you’ve worked all your life for isn’t sold to pay for care home fees, or that 40% of your estate isn’t lost to inheritance tax.

Family Matters provides solutions to these and many other issues, from as little as £19 for a Will writing service. Visit family-matters.co.uk/purchase-will and receive up to 85% off. Offer is valid from 1st October 2020 to the 31st December 2020.

Optimise your savings with minimum fuss

Make the most out of your savings (Image: APL MEDIA)

As the news of the worst recession in the UK beds down and the ramifications continue to be felt, if you do have cash assets you will be keen to protect and grow your savings.

Having control over your money and the choice to easily move it around is a smart way to save, but managing multiple accounts across a number of banks doesn’t empower you to access these options.

Flagstone is a smart and nimble cash platform that removes the need for several individual bank accounts. You just need one with Flagstone to then securely access over 44 banks and choose from over 250 accounts, diversifying your deposits while keeping them protected within FSCS limits.

Manage your money from your desktop for optimal returns during these fraught times. flagstoneim.com

Support global healthcare by making a Will for free

Have a free will drawn up while helping those less fortunate (Image: APL MEDIA)

Look ahead, prepare a will and also consider how you might leave an enduring legacy. Mercy Ships, through a partnership with the Free Wills Network, is offering a free Will preparation service to those of us who feel passionate about supporting their healthcare initiatives.

Mercy Ships is a pioneering medical charity working to strengthen healthcare systems in some of the world’s poorest nations. Using state-of-the-art hospital ships, it sails to countries in need to provide free surgeries on board, and to offer free training and resources for local healthcare professionals in order to leave a legacy of better healthcare for all.

You can step up to help make healthcare available to all by having a Will made at no cost to yourself and leaving a charitable gift. Visit mercyships.org.uk/legacy

Plan your ideal retirement

Get expert taxation advice on your retirement (Image: APL MEDIA)

It’s never too early to start thinking about the future. The key to preparing your finances for retirement is to start planning as early as you can, to give yourself the best chance later in life. The team at Churchill Taxation can provide you with expert tax advice for a secure and happy retirement.

Whether you’re a business owner or private individual, they’ll show you how to make the most of the government’s various tax allowances and reliefs.

Their expertise includes planning for capital gains tax, inheritance tax, offshore tax and tax for estates and trusts. For a free 30-minute phone or video consultation, visit churchilltaxation.co.uk

What you need to know about the new PPI scandal

Avoid getting caught in a PPI scam (Image: APL MEDIA)

If you thought those PPI adverts were a thing of the past, think again.

A sequel scandal, dubbed PPI 2, is seeing a new wave of people get money back from their banks. Some people are seeing thousands of pounds back in their pockets. If you weren’t affected the first time round you may well be now, and people who previously claimed may be able to claim once again.

It follows a Supreme Court ruling that instructed banks to pay back customers any amount of undisclosed commission of the PPI policy. If you’re not sure whether or not this applies to you, it’s definitely worth finding out.

MoneyPlus Legal specialises in investigating, negotiating and settling claims in and out of court, and is currently processing a staggering 13,000 PPI 2 cases. It works on a no win, no fee basis. You can check if you have a claim today at moneypluslegal.com 

Avoid persistent debt and protect your credit score

Take control of your credit score (Image: APL MEDIA)

Without knowing it, millions of credit card holders across Britain could be sleepwalking into persistent debt simply by making their monthly minimum payment.

Paying off the minimum your credit card provider suggests might seem like a sensible way of chipping away at your balance, but in the long run you may end up paying more in interest and charges than what you actually spent on the card, hurting your credit score.

Consumers can dodge this trap with Tymit, the flexible, no-fee credit card that aims to put the customer in control of their own payment plan. Download the Tymit app from the App Store or Google Play and apply for a card in minutes. Visit tymit.com to learn more.

Gain access to a vital second opinion on legal matters

Get a second opinion on tricky legal issues (Image: APL MEDIA)

Being accused of a crime you didn’t commit isn’t only the stuff of legal dramas on TV — it actually does happen in real life too.

Much like in the health industry, you’re entitled to a second opinion in legal matters, so if you’re unsure about the course of action your lawyer is taking, you can always discuss your case with another solicitor.

Specialists 2nd Opinion have helped prevent and reverse countless miscarriages of justice and have helped appeal unsafe convictions or unduly harsh sentences. If you’ve been falsely accused or convicted, call 07711 086970 or visit 2ndopinionnow.co.uk

Get more out of your life insurance 

Find out what added benefits you can get from life insurance (Image: APL MEDIA)

Going beyond financial support, life insurance products can offer a host of health and wellbeing services such as 24/7 access to a virtual GP, counselling and online fitness programmes.

The right life insurance policy can also help you through tough times by making things that bit easier, with practical advice and emotional support included. Caspian Insurance has a team of expert advisers dedicated to helping you find the right policy.

Receive an Amazon voucher valued at up to £50 by taking out a policy. T&Cs apply, offer ends 31 December 2020. Visit caspianinsurance.co.uk today for a personalised quote.

Debt collection made easy

Secure high-tech assistance in recovering outstanding debt (Image: APL MEDIA)

Getting debtors to pay up can be a very tricky prospect that can cause a lot more trouble than it’s worth. One of the best ways to navigate this is by hiring a reliable, professional debt recovery agency such as Cobra Financial Solutions Ltd.

This expert team of recovery agents visit debtors to secure quick and hassle-free payment, using the latest in body camera technology to capture all communication.

They work with large companies, SMEs, sole traders and individuals across the United Kingdom in recovering the money that is owed to them. Alongside debt recovery, they offer a range of more niche services, including High Court enforcement, process serving, company vetting reports, surveillance, pre-sue reporting, debtor tracing and forensic accounting. 

Visit cobrafinancial.co.uk for more information.

(Image: APL MEDIA)



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