How safe is Apple Pay?

Apple pay seems dodgy doesn’t it? You simply touch your mobile phone to a card machine and boom, your payment is successful. It’s changed the game, and it’s probably going to be the future. That said, as it’s only very recently been rolled out, people are doubting how safe it really is. With the amount of geeky techno hackers around, would it be very easy for someone to spend your money if they found your phone? Well, in short the answer is yes. If you don’t have a secure phone pin, they may be able to get in and use your phone to buy a product or service. That said, they can do that with your bank card, so it’s just a case of cancelling your accounts should you lose...

Saving for a big adventure

After years of office work, I recently decided that I needed a bit of adventure in my life. After spending some time researching countries, visas and travel costs, I quickly realised that I had some serious saving to do. For my flights, visa and first week of accommodation in Australia I needed to save £1200. Okay so I probably could have found cheaper accommodation but I want to start with a bang before I rough it in the hostels of Australasia. Saving the money for this trip isn’t easy, and I’m basically spending my weekends watching TV and going on walks. I’ve stopped drinking out, eating out and I’m working as much as I possibly can, sometimes even at weekends. It takes a lot of willpower to save for a...

Why every business needs an accountant

It can almost seem like waste of money to pay somebody to look after yours. What are they actually doing that’s worthwhile? Well, a good accountant will be helping you save money, but of course they’ll be taking a cut for themselves. They can’t do it for free! It’s quite easy to know when you need an accountant. It’s usually when things start to get a little messy. As your business grows, there are more things you need to keep on top of. Money is likely to be coming in and out from all areas, including advertising, security, rent, maintenance, tax, vat, employees salaries, resources and technology to name a few! An accountant can make sure you get the best deals, whilst they can keep check on where your money...

Registering as self-employed

When we mention the term self-employed, its normal for many people to presume we’re talking about an individual who owns their own company and essentially runs their own business. That’s true in some cases, but the minute you start earning regular money outside of employment, you’re self-employed in the taxman’s eyes. That is why you need to register for self employment as soon as you start earning a bit of money on the side, and it’s certainly worth doing if you’re planning to pick up even more work in the not too distant future. once registered as self employed, you will then need to submit annual self-assessment forms outlining all of the money you’ve made from outside of work, and it can be wise to hire a professional accountant to...

Budgeting for the year ahead

Saving money isn’t easy, especially as we near the end of the year. That’s why it’s no surprise that many people are already looking forward to 2016! If your new years’ resolution is to save as much money as possible, it’s important to make sure you’re prepared. We always recommend that people plan a budget for the year ahead, and you don’t want to get to February or March having found you’ve spent way too much. Create a plan now, working out the amount you earn and the amount you want to save each month. When it’s all down on paper, it’s a lot easier to find ways to save , and the more time you spend crunching number, the less time you’ll spend wasting money! Budgeting can help you...