Tools to help you start planning ahead
With the current cost-of-living crisis creating new financial concerns for many people across the UK, it’s now more important than ever to consider planning ahead. As a freelancer working behind the scenes in the film, TV, and cinema industry we understand that planning ahead is challenging.
Taking a few minutes to think about saving is a great first step to helping you feel more financially secure. A basic savings plan can help you feel more in control of your finances and better equipped to deal with potential cash flow problems that can sometimes be part of life as a freelancer.
The amount you’re able to save will depend on your personal circumstances but saving a small amount each month can help with unexpected bills and costs. The recommendation is to ensure you have three months’ worth of essential outgoings put aside in case you have an urgent financial need.
Savings Calculator – to help with planning ahead
We’ve teamed up with MoneyHelper to provide you with a simple savings calculator to help you take control of your finances.
The savings calculator will help you to
- Work out how much you need to save
- How long it’ll take to save to reach a financial goal
- Give you tailored advice
- Helpful tips to keep you on track
- To cover periods without work
Start planning ahead now by using the savings calculator, and take control of your future! Don’t forget to check out additional financial tools and support available for you in our financial support page here.
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