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Self Employed couple with no pension

sophbuck · 2018-04-06 15:03:26

As the title suggests we are in our mid thirties, both self employed and without pensions! I'm a basic rate tax payer and my husband is a higher rate tax payer. We do not own a property. We have some savings in ISA's/help2buy isas and that's about it. We have no understanding of investments. We are hoping to put around…

Comments

dunstonh Posts: 121,209 Forumite

7 April 2018 at 7:05PM

Its a bit like saying which needs to be paid, gas or electric bill. In reality, both need paying. If you can only afford one, then the finances need to be looked at accordingly to see what is going wrong.

There may be nothing wrong and its just a case of insufficient income. However, it could also be sufficient income but poor lifestyle choices and not living within means.

I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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