Paul Herbert

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 

I use my extensive knowledge of tax planning, investments and insurance solutions to build bespoke solutions that are right for my clients. I ensure my clients fully understand my advice and I continue to work with them to ensure they can achieve their goals, helping them to adjust their portfolios as their situation evolves.

Prior to becoming a financial planner, I provided investment advice to large pension schemes, where I built a detailed knowledge of both investing and retirement planning, developing close, long-term relationships with my clients. I enjoy helping people. This has led me to be a foster parent and to take on other voluntary pursuits, including becoming the Chair of a local competitive swim squad.