When you’re self-employed you need to protect yourself

When you’re self-employed you need to protect yourself

You might be tempted to think of self-employment as being your own boss.  That’s true, but you are also your own HR department and finance department as well.  Those in formal employment may have access to in-work benefits in the case of ill health and a formal redundancy process, with appropriate payoff, if they find themselves surplus to requirements at their place of employment.  Those in self-employment, however, need to take care of themselves and there are some key points they should consider.

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The case for putting life insurance policies in trust

The case for putting life insurance policies in trust

Life insurance isn’t for you, it’s for those you leave behind.  The saying may be old, but it is still true.  Given that the whole purpose of life insurance is to take care of the people you love when you are no longer around to do so, surely it makes sense to complete the process by ensuring that your loved ones can access the funds you’ve prepared for them as quickly and easily as possible.

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Sound advice for all generations

Sound advice for all generations

The more things change, the more they stay the same.  It may be one of the oldest cliches around but, as is so often the case, there’s a lot of truth in it.  In the context of finance, it means that although your priorities will almost certainly change as you go through life, your basic approach to managing your finances should stay much the same.  Here are four points to help.

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Decision Time

Decision Time

Arguably the most significant difference between childhood and adulthood is that as adults, the default assumption in most cases is that we have the ability and the authority to take our own decisions about how we want to live our lives.  We also have responsibility for dealing with the consequences of them.  There are times, however, when we’re unable to act for ourselves and it is strongly recommended to think about those times and what we should do about them.

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