At Burton and Fisher, our financial advisors in Lancaster are always eager to offer only the finest service. Whether that’s through presenting you with our up-to-date, industry-insider blog, or through the provision of our personal financial services, we continually strive to offer only the highest standard of expertise and customer service.
With the remnants of Christmas still visible across town centres and housing fascias, the dawn of a New Year is palpably hot on our heels. Our recent blog entry addressed the topic of potential financial resolutions in the form of improved budgeting, target setting and tackling the paying of your highest interest debts. In a similar vein, as we are approaching a New Year, the Burton & Fisher team would like to discuss some sensible financial habits for you to begin to implement throughout 2016, and beyond.
The first thing to note is that it’s never too late to start saving; whatever amount is acceptable for you to begin to contribute to an emergency fund is advisable. There’s no point in overstretching yourself and falling in debt to yourself. A car repair or a smashed window can unexpectedly occur at any moment, so it’s worth addressing this potential before it happens and leaves you in an exceptionally awkward financial predicament.
Don’t Let Credit Cards Build Up
If you are in somewhat of a financial pickle, it can be all too easy to lean on the convenience of a credit card. If you are able to pay it off at the end of the month, then you can get away with relying on one to some extent, however it is not wise to overspend; you are essentially borrowing from next month’s wages, after all.
Consider Your Retirement Fund
Dependant on your current age, your retirement may be anywhere from on your doorstep to the proverbial lifetime away; either way, it is wise to be saving regularly and reviewing your ideal retirement goal. As you are no doubt aware, your pension can be relocated automatically from each pay-slip, and should really be something you begin to consider moving into the New Year.
Continue This Line of Thought…
Money can be a topic which people shy away from. With the above in mind, it will quite literally pay to maintain and the nurture the topic. Continue to consider your financial matters and you are likely to find that your financial worries can begin to dwindle. It’s often through a lackadaisical attitude that one can fall behind financially, so keep it fresh. Alternatively, you can always contact one of our financial experts at Burton and Fisher, and provide us with the opportunity to help you to get your finances in order.
All you need to do is contact us on 01524 416872, where we are always happy to help. Equally, you can find us over on Facebook, Twitter and LinkedIn, where you can keep up-to-date with all the Burton and Fisher news and updates.
Here’s to a financially fluid 2016.