2020 was a turbulent yr for most individuals’s funds, however the brand new yr supplies the right alternative to set some ‘monetary resolutions’. The friends on the primary podcast of the New 12 months, couple Toby and Siobhan, are on the lookout for some ‘fin-spiration’ to get their cash working tougher in 2021.They’ve paid off their bank cards beneath lockdown, and are questioning the place to direct their spare money: overpay the mortgage, or put extra into pensions or different investments? There’s additionally one monetary to-do that they’re been pushing aside for a very long time: making a will. Cash consultants Ken Okoroafor from The Humble Penny and Dan Garrett, co-founder of digital will-writing service Farewill, present some helpful ideas.
If you want to speak to Claer for a future podcast episode, electronic mail the Cash Clinic workforce firstname.lastname@example.org with a short description of your story. Comply with Claer on Twitter and Instagram @Claerb and skim her weekly Serious Money column within the FT Cash part of the FT Weekend newspaper.
-You’ll be able to comply with Ken Okoroafor on Instagram
-If you happen to’re on the lookout for recent concepts about what to do together with your cash in 2021, Claer has requested podcast hosts from the finance and enterprise world to share their monetary New Year’s Resolutions for 2021. Overlaying investing, saving, monetary planning and aspect hustling, you may learn insights from Patricia Shiny (Caught Off Guard), Emma Gannon (Ctrl Alt Delete), Chris Browning (Popcorn Finance), the FT’s former editor Lionel Barber (What’s Subsequent?) and plenty of extra.
–Right here’s some additional studying for listeners who’re contemplating making a will. The pandemic has pressured by authorized adjustments making it a lot simpler for individuals in England and Wales to make a ‘digital will’ on-line. Learn this FT Money piece to learn the way
-For a extra basic grounding on wills, learn this FT article – 10 things you need to know before making a will
-And right here’s a helpful Cash Clinic podcast on bank card debt. Claer finds the best way to hold bank card spending beneath management
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