Camp FIRE FinanceAmy Jones is a freelance writer for many different business publications. With a range of knowledge in the business and investing sector, she is an avid researcher and writer in the field. Having worked with a number of different businesses, Amy is now a freelance writer looking to specialise in the topic.
In the last 3 years, we have seen a dramatic shift as to how money is earned, and also how much money is being spent. The term ‘money mindset’ has been well known amongst the richest people for some years, but it is only recently that people on a lesser financial scale have begun to work towards shifting their money mindsets, and ultimately creating greater wealth for themselves.
Investing is one of the best things you can do for your finances, whether you are running a business or are an individual investor. Many financial commentators give advice, mainly on the common types of investments that people buy into. When many people think of investing, they think of stocks, bonds and cash. However, alternative investing could be a very lucrative path if you invest correctly. However, what is an alternative investment, and how could it be financially beneficial to you?
Financial rock bottom is not an uncommon experience. Statistics have shown that one in every 399 people entered insolvency in the UK in 2022. The pandemic is a huge contributing factor that led to many people making rash financial decisions, and more importantly, losing their jobs. Some of you may feel as though you have hit financial rock bottom, but there are a large majority of people who only realise the repercussions of their financial mistakes when it is too late. There is an abundance of support for people who are facing financial dismay, but accepting the position you are in is the first step toward finding a resolution.
When you own and run a business, there are many things in which you should invest to ensure the smooth running of your business. From accountancy and book-keeping to marketing and web design, these things can all make your business more successful and profitable, but in order to implement these services, it’s best to have a financial advisor in place to advise you on these and help you reach any financial goals.
Financial advisors know the market and industry inside out and have the experience in mapping out your business goals and how you can turn them into quantifiable results. But, when you are considering assigning a financial advisor to your business, knowing exactly what they can deliver for your business is vital in ensuring that your business not only succeeds, but so that you can learn things to help with your business management skills along the way. Let’s take a look at 5 things a financial advisor should offer to your business.
There is a lot of talk at the moment about the property market and whether it is a good time to invest. There are many predictions and opinions as to whether or not people should be investing or holding onto their money whilst waiting for house prices to fall.