In this episode Carl explains the advantages to being self employed either as a contractor or freelancer. He also looks at the significant downsides and how contractors and freelancers can protect themselves.
In this episode Carl explains how credit cards can actually be really useful and provide some fantastic benefits and protection.
In this episode of the Money Help podcast show Chartered Financial Planner Carl Roberts discusses why it’s important to set goals and the 3 money priorities you need to sort before investing.
If I told you I do most of my spending each month on credit cards you will probably think I’m crazy but I’m going to tell you why credit cards are good!
But before I do I must make one thing very clear. I make sure I pay off my credit cards as soon as the credit card bill comes in. I never just make the minimum payment or leave money left over to pay off the following month. If you do this then credit cards are bad….very very bad!
If you pay off everything owed on your credit cards at the end of each month then it hasn’t cost you anything extra to use your credit cards. If you don’t pay them off however, you will be charged high rates of interest, meaning you are paying the credit card companies extra money to spend. Your spending is costing you significantly more than you probably originally intended.
Whether you are young, old or in between, every now and then it is a good idea to step back and refocus on organising money priorities.
When I say money priorities I mean where your money is going to be spent, where saved and where invested.
But before we can do any of that we need to forget about money and think about the lifestyle we have now and the lifestyle we want in the future.