Passing on some common sense when it comes to personal finance can be seriously powerful and occasionally life changing. At Churchill Wealth Management, we’ve seen first hand the difference some financial knowledge has made to many of our clients lives.

With that in mind, if you know anyone who needs help with their finances, here are a few basic tips you can pass on to them to offer a little help:

1. Tell them to write down their income and then their expenditure. Tell them to be generous with their expenditure as no one wants to spend a lifetime struggling to stay within the lines! Repeat this process every year.

2. It is good practice to think about the future. Do they want to help with their children’s education for example, or maybe pay off a mortgage? One day they’ll probably want to stop working and it’s important to think about this to ensure they enjoy a comfortable future.

3. If they want to buy something big (I’m thinking one crazy night in Las Vegas), they should give themselves a 48 hour ‘cooling off’ period before deciding whether to go for it or not. If it doesn’t throw the balance of their income and expenditure, and it won’t ruin their comfortable future, I’ll meet them on the strip!

4. Always keep an ‘emergency fund’ in cash, which will give them some level of security should something unexpected pop up. This could come in handy in lots of situations, but more than anything, it will provide them with valuable peace of mind.

These four tips require dedication and effort, and they only form the beginning of a complete financial plan. They don’t take into account inflation, tax, unforeseen circumstances or investment to name a few, but they really can build a solid foundation for a comfortable lifestyle and a secure future

Financial Advice Including Pension Advice, Bristol

If you would like to speak with one of our Independent Financial Advisors and potentially receive financial advice, please contact us on 0117 923 7652. We are based in CliftonBristol but we are happy to service clients from across the UK and we provide free initial meetings at our client’s convenience.

Churchill Wealth Management Limited is located at 13 Alma Vale Rd, Bristol BS8 2HL, United Kingdom.

About Us: Churchill Wealth Management is a team of #independent financial advisors#/#financial planners# (IFAs) based in Clifton, Bristol (

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