Business: 6 personal finance tips for small business owners

For most small business owners the health of their personal finances is closely linked to those of their business. When business is good your personal finances will look good, conversely when trading is tough your personal finances might take a hit. Based on discussions we have with our clients who run small businesses we’ve put together six tips for business owners to help keep both your personal and business finances healthy. 1.    Get your income strategy right Are you a business owner looking ...

Savings: Inflation falls, but don’t get complacent about your savings

Savings: Inflation falls, but don't get complacent about your savingsInflation has fallen to its lowest level since 2010, but that shouldn’t be a reason to get complacent about your saving, because interest rates seem to be falling too. Current levels of inflation The rate of inflation fell last month, with CPI (Consumer Prices Index) falling to 2.8% and RPI (Retail Prices Index) dropping to 3.1%. Whilst this undoubtedly represents good news it shouldn’t mean we get complacent about our savings, they still need to ...