Financial Checklist

When reviewing your finances, here are some points to consider: 1. You need to arrange your income and expenditure to ensure you have more coming in than going out! 2. Save for a rainy day. You need to build up a surplus. 3. Virtually everyone should make a will. It is estimated that 30 million people in the UK have not done so! 4. Review your finances (including your mortgage rate and your savings interest rates) at least once a year. 5. Plan ahead. The odds are that you are going to live a long life and you need to plan how you will pay your bills when you no longer are able/want to work. 6. Take professional advice when dealing with major financial decisions – house-buying, pension arrangements, long term savings.