Our mission is to empower and equip people with the tools and understanding to achieve their financial goals.
Providing them with a sense of security, excitement and confidence in their financial decisions for the future. Wealth Wellbeing drives to empower and equip people with the tools and understanding to achieve their financial goals by making money and investment simple and exciting. Providing security, excitement and confidence in their financial future.
26/06/2023
This pay day why don't you set yourself one of these money challenges!
🙃 You don't have to do them all at once.
🤩 Choose something that will be easy for you to achieve.
🥳 And celebrate that you are supporting your financial wellbeing.
23/06/2023
✨ Testimonial Fridays are back ✨
21/06/2023
Today's looks at different ways of financial self care.
20/06/2023
💸 I have previously spoken about two different money personalities - spender and saver.
However a recent study in New Zealand 🇳🇿, that included 500 participants, has identified 5 different money personalities!
🤔Which one are you?
24/05/2023
🤯 A little illustration showing the impact of compound interest and why starting your investment journey early is important.
😟 Don’t worry if you are no longer in your 20s, the key is to start now and not wait another 5-10 years and miss out on the impact of compounding and growth.
⌛️Even if it is a small amount initially, get started and you will benefit from the impacting of compounding as it all adds up
📈 I have used an annual return of 8%, this is a rough estimate of the long term average return of the FTSE100 (which is an index made up of shares from the 100 biggest companies by market capitalisation on the London Stock Exchange).
🤔 But don’t forget this is the long term average average! Investments will go up and down and it is important to remain invested for a long period of time. Investing isn’t a get rich quick scheme!
👩🏫 Education, not advice
Follow for more investment and budgeting tips
22/05/2023
Are you aware of the different types of ISAs available?
💡 ISAs are investment products that provide tax benefits
🧐 Although there are limits on how much you can invest
👩🏫 You can set up a monthly different debit or invest lump sums into your ISA
Comment below if you found this helpful 👇
Follow for more investment and budgeting tips
19/05/2023
I spent on-site with Acheson and Glover discussing ways they can support their financial wellbeing and mental health.
The workshop received great feedback and the Acheson and Glover team felt they truly benefited from the financial wellbeing sessions!
18/05/2023
💰 An emergency fund should cover 3-6 months living expenses.
💰 Its is for those unexpected changes, E.g. losing your job, car breaks down, when the boiler packs in 😵💫
💰 Keep it in a separate savings account to your current account.
💰 The purpose of an emergency fund? Peace of mind 🙌
Do you have an emergency fund in place? Comment below 👇
Follow Wealthwellbeing_ for more budgeting and investment tips.
16/05/2023
Are you aware of the different type of insurance products that exist?
Have you considered taking a policy out to protect your love ones?
A quick overview of what these products do:
1. Life Insurance - pays out a cash lump sum on death (or if you die within a certain timeframe). 👨👩👧👧
2. Income Protection - pays a regular income payment if you are unable to work due to sickness or disability. 💸
3. Accident/sickness/unemployment - pays a regular income payment for a set period of time. 💰
4. Critical Illness Cover - pays out a lump sum on certain types of illness/severity. 🏥
Comment below if you want to find out more about these policies and the pros and cons 👇
Education, not advice
12/05/2023
🏦 The Bank of England has increased the base rate from 4.25% to 4.5%. This is the highest level since 2008 and the twelfth consecutive increase since December 2021. 🏦
🏠 If your mortgage is on a Standard Variable Rate (SVR) or is a tracker mortgage then is it likely that your mortgage costs will increase. 🏠
💰 However, the increase in base rate is likely to benefit savers. It may take a few days before interest rates in bank accounts improve, but now could be a good time to consider switching your account. Keep an eye on best switching deals to make sure you take advantage of this increase. 💰
Education, not advice
27/04/2023
💰 National Teach your Children to Save Day 💰
Saving money for a rainy day is something all parents should be teaching their children. From delayed gratification to setting and reaching goals, there are so many important lessons that kids learn from saving, and the long term benefits far outweigh any short term reward they may get from spending.
It's important to teach children about budgeting so they can understand how far their money can stretch, as well as why its often better to invest rather than splurge.
Children will take these positive habits into adulthood, leading them towards success later down the road.
💰
25/04/2023
💰National Financial Awareness Day 💰
What are you doing today to support your financial wellbeing and improve your financial awareness?
Improving your financial awareness allows you to support yourself and others. Educating yourself on financial matters can empower you and support you to take control of your finances helping to improve your overall wellbeing.