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"But, I love my job, I'm not going to ever retire"

Does this sound like you?

If you're running an amazing business which you LOVE, then the old-fashioned view of retirement, just doesn't feel right, does it?

So it's time for a glimpse of something different - let's call it

"Modern Retirement Planning"

and you can pick up my FREE Guide - the "12 Numbers you need to know" by clicking the link below! www.subscribepage.com/12NumbersGuide
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But, I love my job, Im not going to ever retire

Does this sound like you?

If youre running an amazing business which you LOVE, then the old-fashioned view of retirement, just doesnt feel right, does it?

So its time for a glimpse of something different - lets call it

Modern Retirement Planning

and you can pick up my FREE Guide - the 12 Numbers you need to know by clicking the link below! https://www.subscribepage.com/12NumbersGuide

Being selected as a guest panellist in London at the amazing courier live event, was my first big LIVE event and I loved it.... being able to help the next generation of entrepreneurs get their finances in order - priceless!

So pleased to be part of this one day celebration of modern business and startup culture!
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Being selected as a guest panellist in London at the amazing courier live event, was my first big LIVE event and I loved it.... being able to help the next generation of entrepreneurs get their finances in order - priceless!

So pleased to be part of this one day celebration of modern business and startup culture!

I love that so many people find my FREE Facebook Group helpful and a place that is safe for them to find out how to make the best money choices for them!

If you're not a member, you can join us over at >> www.facebook.com/groups/peacetogethermoneyconfidence

Is it time you became money confident?
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I love that so many people find my FREE Facebook Group helpful and a place that is safe for them to find out how to make the best money choices for them!

If youre not a member, you can join us over at >> https://www.facebook.com/groups/peacetogethermoneyconfidence

Is it time you became money confident?

Thank you to everyone who is performing a keyworker task so that we can stay safely indoors

Thank you to all the retired (or soon to be qualified) doctors, nurses and healthcare professionals who have stepped up to support the NHS at this time

Thank you to all the volunteers for the new community hubs who will ensure that our isolated and vulnerable get the food an medicines they need

Thank you to everyone else who is staying indoors

All of our actions have a massive effect on others - like the ripples in a pond!
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Thank you to everyone who is performing a keyworker task so that we can stay safely indoors

Thank you to all the retired (or soon to be qualified) doctors, nurses and healthcare professionals who have stepped up to support the NHS at this time

Thank you to all the volunteers for the new community hubs who will ensure that our isolated and vulnerable get the food an medicines they need

Thank you to everyone else who is staying indoors

All of our actions have a massive effect on others - like the ripples in a pond!

In the 12 plus years I've been helping business arrange mortgages, I've come across so many different scenarios - and been able to help so many people buy their dream home - I wanted to share the most important thing that I've learned.

Lenders want to see how much you earn so that they can see what you can afford to pay back each month.

So the top tip is - Keep accurate accounts.

I know this sounds obvious!

But this means putting it ALL through the books.

However tempting cash in hand may feel, a) it’s illegal and b) if it’s not showing in your books, you can’t use the income when you come to get a mortgage.

It’s worth knowing that some lenders use the figures from your accounts. Some use your tax return (your SA302 - a statement given by HMRC, that provides evidence of your earnings.) Other lenders will write to your accountant for a reference.

So if year end in your business is not April, then these figures could be different and impact the amount you’re able to borrow.

You should also tell your accountant you’re looking to get a mortgage.

Some of the expenses your accountant will claim are discretionary. And by claiming fewer of them (or deferring those expenses for another year), it boosts your profit and your borrowing capacity.

So fill your accountant in on your plans, so they can work with you to find the right balance.

Communication is the key!
... See MoreSee Less

In the 12 plus years Ive been helping business arrange mortgages, Ive come across so many different scenarios - and been able to help so many people buy their dream home - I wanted to share the most important thing that Ive learned.

Lenders want to see how much you earn so that they can see what you can afford to pay back each month.

So the top tip is -  Keep accurate accounts.

I know this sounds obvious!

But this means putting it ALL through the books.

However tempting cash in hand may feel, a) it’s illegal and b) if it’s not showing in your books, you can’t use the income when you come to get a mortgage.

It’s worth knowing that some lenders use the figures from your accounts. Some use your tax return (your SA302 - a statement given by HMRC, that provides evidence of your earnings.) Other lenders will write to your accountant for a reference.

So if year end in your business is not April, then these figures could be different and impact the amount you’re able to borrow.

You should also tell your accountant you’re looking to get a mortgage.

Some of the expenses your accountant will claim are discretionary. And by claiming fewer of them (or deferring those expenses for another year), it boosts your profit and your borrowing capacity.

So fill your accountant in on your plans, so they can work with you to find the right balance.

Communication is the key!

Cash ISAs are dead – or should be! Read why here >>

peacetogether.co.uk/blog/the-isa-deadlines-cominghow-to-make-your-money-work-harder/
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Cash ISAs are dead – or should be! Read why here >>

https://peacetogether.co.uk/blog/the-isa-deadlines-cominghow-to-make-your-money-work-harder/

Even if your business makes money, sometimes it just isn't in the right place at the time you need it.

Cashflow can be one of a business-owner's biggest headaches, even when we're not facing a pandemic and the disruption it causes.

I've put together some tips that might help you hold things together whilst your income is up and down - take a look and see what you think and then feel free to download your free guide.

>> www.subscribepage.com/4WaysFreeGuide
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Have you ever been shopping with literally JUST a loyalty card? I have...

I was in my training year as a pharmacist, my first proper job and I wasn’t earning much. This was the first time I'd had to manage all of my own money, with no-one else's salary to top up the account.

A week before payday, with my current account empty - I went to Sainsbury's with the £2.50 paper reward voucher that had come in the post and been pinned to the notice board in the kitchen.

(Before many retailers went digital, they used to post you vouchers for your points, which you could only spend in store)

That was it, all the money I had to buy my food shopping for the week - luckily I could walk to work and my other bills were paid by direct debit! After leaving university with a student loan and maxed out credit card, I didn't have another option, only 3 months in to a new town and a new job, I didn't have anyone to ask to borrow money....but then I wasn't actually going to do that, and have to admit to people (or any of my family) that I'd messed up my budget and run out of money.

We don't talk about money - and we certainly don't try to scrounge it off people if we mess up.

So I went shopping.

Pasta, chicken, 2 pints of milk, a loaf of bread for sandwiches and some fruit and veg from their value department - with a few odd tins to make up the difference and that was it. Frantically adding it up in my head as I went round...no scan and shop in those days....as I couldn't have faced the embarrassment of putting anything back at the checkout.

I got creative with my meals, and used up what was in the cupboards / fridge and do you know what?

I survived.

What I did learn from the experience was two things

1. I never wanted to be in this position again - so I needed to build up an emergency buffer in my current account providing the safety net that I didn't currently have, and a budget that actually worked.

2. Loads of things we buy each week are nice to have, but not essentials…and you can make quite a decent pasta sauce with a dollop of Hellman's and a sprinkle of grated cheese.

It was a crisis point and caused me to re-evaluate my circumstances and actually take action to do something different to ensure I didn’t end up broke again.
... See MoreSee Less

Have you ever been shopping with literally JUST a loyalty card? I have...

I was in my training year as a pharmacist, my first proper job and I wasn’t earning much. This was the first time Id had to manage all of my own money, with no-one elses salary to top up the account.

A week before payday, with my current account empty - I went to Sainsburys with the £2.50 paper reward voucher that had come in the post and been pinned to the notice board in the kitchen.

(Before many retailers went digital, they used to post you vouchers for your points, which you could only spend in store)

That was it, all the money I had to buy my food shopping for the week - luckily I could walk to work and my other bills were paid by direct debit! After leaving university with a student loan and maxed out credit card, I didnt have another option, only 3 months in to a new town and a new job, I didnt have anyone to ask to borrow money....but then I wasnt actually going to do that, and have to admit to people (or any of my family) that Id messed up my budget and run out of money.

We dont talk about money - and we certainly dont try to scrounge it off people if we mess up.

So I went shopping.

Pasta, chicken, 2 pints of milk, a loaf of bread for sandwiches and some fruit and veg from their value department - with a few odd tins to make up the difference and that was it. Frantically adding it up in my head as I went round...no scan and shop in those days....as I couldnt have faced the embarrassment of putting anything back at the checkout.

I got creative with my meals, and used up what was in the cupboards / fridge and do you know what?

I survived.

What I did learn from the experience was two things

1. I never wanted to be in this position again - so I needed to build up an emergency buffer in my current account providing the safety net that I didnt currently have, and a budget that actually worked.

2. Loads of things we buy each week are nice to have, but not essentials…and you can make quite a decent pasta sauce with a dollop of Hellmans and a sprinkle of grated cheese.

It was a crisis point and caused me to re-evaluate my circumstances and actually take action to do something different to ensure I didn’t end up broke again.
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