Michael Boakye - Yiadom

Spend wisely and save smartly

June can be one of the best months of the year with summer well and truly on the way. But with all those holidays, weddings, anniversaries, and other spending, it can also be one of the most expensive too.

While you should be focusing on the present, it’s also important to be aware of how major outlays now can have a significant impact on your financial security in later life. A cashflow model can give you a clear picture of the consequences your spending and saving can have on your future.

It’s also good to know about the ways you can use your tax-free allowances wisely on certain expenditures. For example, your gifting allowances can let you pass on up to £3,000 a year to your loved ones without it being added to the value of your estate.*

Together, we can make a plan to help you live your life to the full now, while still having the retirement you want later on.

Click on the contact me today button at the top of my profile to discuss how I can help you.

*Source: HMRC 

After earning a 2:1 degree in Finance and Economics from Bournemouth University, I began my journey in financial services and am now a proud member of the Personal Finance Society, holding the Level 4 Diploma in Regulated Financial Planning.

My approach centres on providing clear, dependable advice that helps clients make confident decisions about their financial futures. I create bespoke plans designed to be both practical and tax-efficient, ensuring they align with each client’s long-term goals.

When I’m not working with clients, you’ll often find me playing sport, spending time outdoors—especially in the garden—or planning my next trip abroad with a good playlist in the background.