More clients ‘than ever’ are looking for ways to support loved ones who are struggling during the cost of living crisis, according to national IFA Continuum.
Continuum suggested that one way to be financially resilient is building up an emergency fund to draw upon when needed. Chartered financial planner Richard Watkins said: "Your emergency fund should be a reserve separate from your everyday current account to reduce the temptation to dip into it for non-emergencies. An instant access or seven-day notice savings account is a great option, as it offers both accessibility and a return on your savings. "Actually, building an emergency fund requires discipline and commitment. There are after all plenty of other demands on your resources. But...
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