2020 October Snippets Archives

Loyalty Cards

Are you counting your pennies? Most major retailers have loyalty card programmes and if you use them wisely you can save a stack of money!

Get a loyalty card for all the shops that you go to regularly. If you are shopping there anyway, then why not benefit?
Sign up for loyalty programmes in other sectors that you use often too, like finance and travel.
Stick to your budget. Don’t buy items that you don’t need just to get points.
If the points don’t expire, keep them to use for big expenses like the festive season or school supplies.

Preparing for an early retirement

Whether early retirement is planned or unexpected, it looks different for everyone. Either way, you should have a reliable plan in place so that you can make informed decisions, should you have to consider or go down this road:

Prepare a budget for retirement so that you can have a good idea now, what you need to plan for expenses and income-wise.
Try to start sticking to a budget now as if you were in retirement, that way it will help you get used to living on less income.
Entering retirement debt-free is beneficial, so pay off debt if you can.
Investigate any possible financial relief, grants, or tax reliefs that may be available to you.
Speak to a registered financial advisor for guidance on how best to prepare now, for retirement.