Don’t let Halloween spook your finances!
With Halloween just around the corner, it’s time to get ready for the scary movies, the ghoulish visions at your window and ghostly knocks at the door from your neighbourhood trick or treaters!
With spending on Halloween expected to hit £419 million in the UK this year according to Mintel, the celebration is big business with a Spooktacular 52% of Brits spending on Halloween (2017). For parents of an under five, this percentage was even higher, but the biggest trick or treaters of us all are the Young Millennials with a fearless 77% splashing out on scaring their friends and neighbours!
Whilst we may not be able to help you fend off the witches at your door, we can help you understand what frightens you about your finances and how to overcome these fears.
We recently shared an article on how financial worries are a top cause of nightmares with a scary 41% of people saying that money makes them anxious.
What gives you nightmares? Other than swarms of zombies knocking at your door expecting a treat that is…
How or when you’ll be able to retire?
Are you worried about how to prepare for your retirement? Or understanding what you need to consider and what steps you need to take. Or perhaps you have multiple pension plans already and don’t know what to do with them. It might be how a divorce can affect your pension. Take a look at our Guide to Retirement Planning as your first step to eliminating this nightmare.
Whether you should be investing or saving, how much and where?
Do you know what you really want from your investments? Have you set any goals and are they achievable given your income and essential living costs? How much risk are you comfortable taking with your money? Have you already got a number of investments and is it time to bring them together? How long should you be investing for and are you being tax efficient? Perhaps you want your investments to be ethical? Take your first step to banishing this nightmare by reading our Guide to Investing.
Can you afford to buy a home or could you be paying less on your current mortgage?
To rent or buy is a question frequently asked. Buying a house or flat will be one of the biggest financial decisions you’ll ever make so it’s important to get it right. You may already have a mortgage and worry you’re paying too much. Given the wide and confusing choice of mortgages, it’s easy to see why this decision could be giving you sleepless nights. Whatever your mortgage nightmare let us help you obliterate it by speaking to one of our mortgage advisers and finding out what is right for you.
What if something happens to me?
What if I die? What if I’m too ill to work? Who will pay the mortgage? Staggeringly women with dependents are the most likely to have no life cover. Take a look at our Guide to Protection to get you started and let’s banish this nightmare by putting in place the right protection to ensure that your dependents are protected if something should happen to you.
How to stay safe and not get caught out by scams?
None of us want to see a lifetime’s savings and investments lost in minutes. With fraudsters getting ever more deceitful, protecting yourself is essential. Check out our Guide to Protecting yourself from scams, avoid those fraudsters and banish this nightmare.
So, whatever your financial nightmare we are here to help you take the next step and help you sleep easier. To review your situation or discuss the options available please contact us for further information.
Happy Halloween and watch out for those fraudsters with tricks that often look like treats!