How do you know if you're on track financially?

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Jan 23, 2025

Explore how to gauge your financial progress heading into 2025. Discover the essentials for retirement savings and what attributes to seek in a pension fund. Learn about diversifying your investments and the critical differences between good and bad debt. Uncover the importance of emergency funds, rebranded as 'flexibility funds,' and get tips on balancing savings while managing debts. Delve into age-appropriate savings targets and strategies for navigating the evolving financial landscape.

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ADVICE

Lump Sum Advice

Seek professional advice when handling a lump sum to avoid costly mistakes.
Attend free webinars or consult financial advisors for guidance.

INSIGHT

Mean vs. Median Savings

Mean average savings can be misleading due to high-net-worth individuals.
Median savings figures offer a more realistic view of typical savings.

INSIGHT

Low Savings Prevalence

Many adults have minimal savings, highlighting the importance of an emergency fund.
A third of UK adults have less than £1000 saved.

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We answer all your biggest questions for 2025:

How do you know if you’re on track with your finances?
How much do you need for retirement?
What to look for in a pension fund?
How to diversify to reduce risk?

Email us your questions: makingmoney@getmost.co.uk.

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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.