When we meet new clients and agree to work together, the number one aim we have for them is that they achieve their monetary and non-monetary goals in life.You have probably heard us discuss some of the component parts to this, such as cash flow forecasting and smarter investing etc. However, one of the areas we cover is being smarter with the everyday issues, such as where do you keep your cash that is needed to cover everyday spending and direct debits etc.Most clients tend to have ordinary bank accounts that pay very little if any interest, and yet the level of cash kept in these accounts can be many thousands or even tens of thousands of pounds.So, what options do you have, and is this important anyway?Well, first of all, we understand that some clients have an emotional attachment to their bank. After all, they may have been with them since they were a student, and the local branch is fine for them.However, it could damage your wealth over time!You have two main options.Option 1 - Offset Flexible Mortgage With Current AccountMany of our clients have this type of mortgage. In recent years, the interest rates on these have […]

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